Secure Subway Investment

43 reibey street, ulverstone tas
  • 7 + 7 year lease
  • Fixed 3% increases
  • Leading franchisee-22 national stores

Property Details

Secure 7 year lease to 2022 plus option through to 2029
Subway: with approximately 45,000 stores in more than 100 countries
Long term established Subway business – relocated in 2015
Leading Subway franchisee with 22 stores through Tasmania and Victoria
Brand new fit-out to Subway’s latest corporate standards
Subway pays all usual outgoings as per lease/Fixed 3% increases
Combined retail frontage of 33 metres
Site area: 200sqm/building area: 150sqm
Absolute prime corner location amongst complimentary retailers including Coles, Woolworths, Australia Post, ANZ, Priceline & McDonald’s
Includes Beauty Salon – new 4 + 4 year lease through to 2025 (in occupation since 2008)
Ulverstone: Busy coastal retail hub, 15km west of Devonport with a trade catchment of circa 21,500
Rent: $39,627 pa

Auction 11am AEDT Wednesday 13 December 2017
River Room, Crown Casino, Melbourne

Featured Details

Current Tenant Tenanted
Gross Building Area 150 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC001767

Thank you for showing interest in us.

Contact Details

Office Details

Level 7, 140 Bourke Street, Melbourne VIC 3000

T 03 9613 0400 E

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