Opportunity to purchase commercial freehold shop currently trading as a Chinese Restaurant.
The current owner is prepared to rent back the premises from the purchaser for $41,600 per annum plus pay for out goings on a signed 3 year lease plus 5 year option . The owner has 20 years experience as a chef and runs an established restaurant from the premises.
All equipment in kitchen and restaurant fitout has been set up brand new with Council approval.
The restaurant can sit 50 to 60 people.
The land component for the existing shopping centre can be re zoned for highrise development subject to Council approval.