Supermarket - Under Management - CB1532

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$2,250,000

Description

<p>IGA Supermarket, under management, catering to an expanding local populace in a burgeoning SW Sydney residential area, and stocking a full range of everyday necessities. The shop boasts an extensive choice of quality items and services, including groceries, fruit and vegetables, dairy lines, frozen food and ready to eat meals, deli station, seafood and meat, drinks, fresh flowers and tobacco products. Customers have access to 6 checkout stations, and well-spaced shopping aisles. A large rear loading area is available, with prep areas and good access to large freezer and cool room capacity. The premises is 1000 sqm with a property size of 1300sqm,and is leased, with a current lease commencing August 2022 + 5 + 5 + 5 years, Increases CPI, Bond 3 months and rent $270,000 pa. Software is Retail Touch.</p>

Potential

Features

Large shop area with very good lease term - Located in a strong area of considerable residential growth potential - Very long established - Well maintained with recent expenditure on improvements of $300,000 - Strong local support with minimal opposition - Excellent parking availability on site with direct access to shop.

Premises

Location

Trading Hours

Lease

Employees

2 Managers + 6 full timers + 18 casuals.

Comments

SBX ID

CB1532

Figures
  • Estimated Stock (Additional): $1000000
  • All other values ex GST
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