Business Summary

New long lease, corner location in affluent Sydney suburb. First time on the market!

Established in 1982, and with the present owner since 2002. A family owned, local retail shop specialising in kitchenware, homeware and giftware. Quality products and an extensive range. Affluent North Shore location  Priced at $99,000 + SAV (Seasonal)

Key Features
* Weekly average takings approx. $11k inc. GST per/week - Can reach 40k per week over Christmas
* Rent $2,703 p.w ex GST - Nil increases for 3 years and then 3% - 3-month bond
* Open 7 days -Mon -Fri 9.30 am- 5.30 pm, Sat 9.30 am - 4.30 pm & Sun 10 .30am - 4 pm 
* Long new lease July 2022- July 2025 + 5-year option (Expries July 2030)
* Lifestyle business, beautiful presentation, first to see this niche business will love it.
* Excellent corner location in an affluent area good foot traffic and very well established
* Expand the online store and increase social media presence
* One owner works full time and 2-4 casuals as required
*  Large database of loyal clients and satisfied customers 
* Opportunities for further growth with a new owner or couple 


Listing ID: NSW10698

Broker: Jan Forsyth
Phone: +61 411 510 610
Email: [email protected]

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Keywords: Kitchenware, Homeware, Retail, Near Neutral Bay in Lower North shore Sydney, Long Lease   
Ref: NSW10698
Timestamp: 20230218020035

Property Details