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Long Established Café in Occupation 25+ Years | Renewed 3 Year Lease

30 Pynsent Street , Horsham VIC

Property Highlights

Two Shops in One Line
Attention $450k Buyers
New lease to longstanding tenant
Register to Bid

Description

Burgess Rawson is pleased to offer to the market 30 Pynsent Street, Horsham VIC for sale via our Investment Portfolio Auction 164.

This opportunity has the following key investment highlights:

+ New 3 year lease 2026, plus options through to 2032
+ Favourable CPI reviews.
+ Landlord favourable lease terms with the tenant responsible for usual outgoings
+ Chickpea: thriving CBD café for over 25+ years, offering mouthwatering food options and great atmosphere.
+ Prime 149*sqm site, located in the heart of Horsham
+ Includes popular alfresco dining on license agreement
.+ Position perfect next at Amcal and surrounded by key national retailers; Coles, Bunnings, Spotlight, Woolworths, CBA, ANZ and more.
+ Two shops with separate amenities on one title
+ Potential 50% stamp duty savings
+ Attention $450k+ Buyers
+ Horsham: Wimmera’s commercial and retail capital with a trade catchment of circa 55,000 people and annual economic output of $7.481 billion.*** The region produces more than half of Victoria’s total grain crop, oilseeds and pulses.****
+ Rent: $29,764 pa + GST

To be sold by Investment Portfolio Auction: 
10:30am AEDT Wednesday 25 October 2023
Crown Metrolpol, Melbourne VIC

*approx.
** Cafe Chickpea – Visit Horsham
*** Wimmera Development Association
**** Remplan

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Cafe
Land Size
149 SQM
Building Area
149 SQM

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