Established Subway Store & Brand New Liquor Barn

Secure 10 year lease to Subway (Head Office company lease) to 2021 plus options through to 2031.
Subway with approximately 45,000 stores globally.
New 5 year lease plus options through to 2038 to renowned Liquor merchant with numerous (Premix King) outlets in metro and regional Victoria.
Annual rent reviews.
Tenants pay usual outgoings as per the leases.
Versatile 359 sqm building over two levels including residence.
Absolute prime 1,959 sqm highway corner site with combined frontage of over 100 metres plus ample on-site parking.
Commercial 1 Zoning – premium retail zoning.
Central position between Woolworths and McDonald’s.
Ararat: A major regional service centre and gateway to the Grampians with population catchment of over 25,000 people.
Total Income: $68,545 pa

Auction 11am AEDT Wednesday 24 October 2018
River Room, Crown Casino, Melbourne