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Listing ID: 2906066
Upper Beaconsfield, Melbourne, Victoria, Australia
Lot One: • Commenced on August 1, 2011 • 10 year term • 2 x 10 year options available • Starting rent: $15,000 plus GST pa. • Fixed 3% yearly increase • Current rent is $16,800 plus GST Lot Two: • Commenced on August 1, 2011 • 10 year term • 2 x 10 year options available • Starting rent: $43,000 plus GST pa. • Fixed 3% yearly increase • Current rent is $48,160 plus GST
Prominently located on a main road, one of the main tourist drives the business has been a part of the local community for over 80 years. Located in a close-knit township, this profitable hardware, authorised newsagents and general supplies business has been servicing the community for over 80 years. This is an established, profitable business offering a great opportunity for a tree change while also providing a secure future with multiple income streams.
The General Store has a great position on the area’s main access route, Although the General Store has been trading from the same location for over 80 years, the premises have been completely rebuilt. The store’s solid brick shopfront is easily seen from the road and is topped off with an attractive bullnose veranda, making street signage and promotion material easy to display. The huge premises provide plenty of room for the store’s diverse range of hardware, building and garden supplies and include numerous compost, soil, gravel and sand lots. The business’s feed shed is housed in a large warehouse with room to expand. Inside, the shop features a modern, light-filled retail space with separate kitchen, toilet and store room, as well as access to the feed shed.
• Expand the range of timber and building products • Expand the range of hardware products • Further develop business arrangements and accounts with local tradies • Adopt a rewards card • Increase sales as younger families move into the area • Develop a greater online presence with a dedicated business website • Create an online store for sales and deliveries
The General Store is currently operated by the two owners working full time with the assistance of nine casual staff members.
• Monday: 6.30 am to 6 pm • Tuesday: 6.30 am to 6 pm • Wednesday: 6.30 am to 6 pm • Thursday: 6.30 am to 6 pm • Friday: 6.30 am to 6 pm • Saturday: 6.30 am to 5 pm • Sunday: 8.30 am to 3 pm
Handover The vendor has offered two weeks assistance to the new owner following the final settlement.