BUSINESS AND TWO RESIDENCES

Flemings Cootamundra are pleased to present SUTTON STREET STORE to the market For Sale. The business and property are being sold in one-line.

This is an incredible opportunity for investors or operators to secure themselves a well established cafe/take away shop + a newly renovated three-bedroom residence + an additional one-bedroom unit, all positioned on an expansive 1,012sqm block.

The Shop:
Sutton Street Store has been operated as a take away cafe & deli by the current owners for approximately 5 years and has a very loyal customer base - particularly for morning & lunch trade. In addition to this, being located on the Olympic Highway, it also benefits from a large amount of passing trade. Rental appraisal of $400/week.

The Residence:
A newly renovated three-bedroom home with a large dine-in kitchen, adjacent living room opening out to a covered outdoor entertaining area, new bathroom, second toilet and a laundry with internal and external access. Currently vacant, this residence would be ideal for prospective buyers to live in or lease out for additional income. Rental appraisal of $380/week.

The Unit:
A neat and tidy one-bedroom unit with a good sized kitchen, adjacent living room, a large bathroom and a laundry. Currently leased to a long term tenant for $200/week.

Features include:
- Long operating history serving, cafe & deli items, fast food, and a licence to wholesale meat & ready to eat meats.
- Large walk-in cool room and freezer + a wide variety of plant and equipment.
- Double shop frontage to the Olympic Highway.
- 12kw solar system (50 panels)
- Newly renovated three-bedroom residence.
- Well appointed one-bedroom unit
- Total rental income potential of $980.00 - $1,000.00 per week.

Cootamundra is located approximately 4hrs to Sydney, 1hr to Wagga Wagga and 2hrs to Canberra.

Long history of excellent income from the business. Financials available upon request.

For more information or to arrange an inspection, please contact Flemings Cootamundra on 02 6942 2480.

features

  • Study
  • Living Area
  • Air Conditioning
  • Built-ins
  • Car Parking - Surface
  • Carpeted
  • Close to Schools
  • Close to Shops
  • Existing Fitout
  • Heating

overview

  • 1P1614
  • Price on Application
  • Block of Units
  • For Sale
  • 153 Sutton Street Cootamundra NSW
  • 4
  • 2
  • 8
  • 379 sqm
  • 1012 sqm
  • 6
  • 2