43 Rose Street, Essendon, Vic 3040

Gross Waddell ICR and Richard Cookesley are pleased to offer 43 Rose Street, Essendon to the market. The property is offered either with vacant possession or with a lease option, which offers greater flexibility and opportunity for prospective buyers. 

Property Highlights: 

•	Building Area: 205 sqm*
•       Land Area: 345 sqm*
•	Commercial 1 Zone (C1Z)
•	Offered with Vacant Possession or with a Lease

Lease Details: 

•	Tenant: Known as The Last Stop Wine Bar and Restaurant 
•	Rent: $89,000* p.a. + GST + Outgoings
•	Term & Option: 5 + 5 Years 
•	Reviews: 3% Annual Increase 
•	Commencement Date: 1st March 2020
•	Outgoings paid by tenant 
•	General Liquor Licence
•	Permitted for 150 patrons and outdoor dining

Property Description: 

•	Well positioned in a highly sought-after retail strip, surrounded by well-known cafes such as Rose St Café, Benny and Me, and Bowl's Baby.
•	These are well-established businesses with high profiles, featured on many TV shows.
•	Situated opposite the Essendon railway station and bus stop, with trams just a short stroll from the retail strip.
•	The shop enjoys a substantial permit for outdoor dining on the front footpath, with good cover, sun shelters, and heating.
•	The rear has been recently extended into a function space, supported by excellent new modern toilet facilities.
•	The kitchen is well equipped with excellent commercial features, including two large cool rooms and stainless steel preparation space.
•	The fitout includes a full bar facility and a front counter for bottle shop retail sales.

For Sale via Public On-site Auction on Thursday 20th June at 12:00pm.

*approx

For more information or organise an inspection, please contact below agents directly. 

Raff De Luise 0418 533 633 
Richard Cookesley 0488 756 222