PRIME COMMERCIAL INVESTMENT

Description

This beautifully presented historic double brick premises is superbly located in Camp Street, Beechworth opposite the former Beechworth Fire Station & Hibernian Hotel. Comprising reception/entry area with open fire place and ornate chimney stack, large open plan dining area with commercial kitchen and food preparation area towards the rear. Within site of the Beechworth Post Office and adjoining the soon to be completed IGA supermarket the location cannot be better. Currently leased to The Press Room Wine Bar restaurant for a five year term commencing 1.12.2015 and returning $18,773.60 per annum net of outgoings with fixed annual 3% rental increases. Land Size: 120m2. Zoning: Commercial 1 Zone. NOTE: The current owners are not registered for GST. AUCTION Terms: 10% Deposit Balance 30/60 days sold subject to existing lease agreement.