The property features a portal frame, metal clad and brick veneer commercial premises situated prominently on Wollombi Road, Cessnock. Accessed via the main carpark to Cessnock Village, the premises benefits from ample customer and staff parking. The site also offers pedestrian access from Wollombi Road leading to a courtyard display area. The site is zoned E2 Commercial Centre with a small portion being RE1 Public Recreation under Cessnock LEP 2011. The site has been operating as a paint and tile outlet for over 15 years, with the current business having been in occupation for 3 years. The lease has recently been renewed for a 5-year term with a 5-year option, secured by a two month cash security deposit and director guarantees. The net rent is $63,408* per annum with the tenant responsible for 100% of the outgoings. The lease expiry date is 17 July 2029. For Sale by Expressions of Interest closing Wednesday 27 November 2024 at 4pm (AEDT). *Approximate
Richiesta email a Colliers - Newcastle
Immobiliare ID: 504712212