34 William Street, Devonport, TAS 7310

PROMINENT RETAIL FUEL OPPORTUNITY - PRICE IMPROVEMENT

This large commercial site comprising of approx. 1,827m2 of land is now being offered for sale or lease. The site is set up as a service station and has operated as one in the past with good exposure to busy William Street and easy vehicle access.

The building has recently been renovated inclusive of painting inside and out, new flooring, shop fit-out and improvement of kitchenette area. There have also been two new roller doors fitted to the garage spaces. New security doors have also been installed at the property.

The two garage spaces are separated by an internal wall and offer scope for storage or under-cover mechanical work. The shop area is set up ready for a service station retail outlet. Male and Female toilets are also on-site.

The forecourt comprises of a parking area and an undercover double bay fueling station. Bowsers are not included and would need to be installed but fuel tanks exist underground. The rear of the property has a large turning circle area which gives scope for large truck deliveries and extra parking.

The site would be ideal for any large fuel business to take over either on a lease or as an owner occupier. In addition there is a laundromat tenancy in an adjacent building on the title which derives approx. $16,000 p.a. Whilst there is no lease in place for this tenancy the tenant has been occupying the building for over ten years. This represents a small income opportunity for an owner occupier.

This is a fantastic opportunity for a fuel retailer to enter the market in a busy and high exposure site.

Listing price is significantly reduced to $1,200,000 plus GST if applicable (sold vacant).

The site can alternatively be leased at a rate of $80,000 p.a plus GST and Outgoings.

Contact the listing Agent, Alan Halliwell, with all enquiries or to schedule an inspection.