• Tenanted by Lincoln Superette on a monthly lease basis
• Floor area 88sqm (more or less) with one allocated car park plus shared common parking
• High profile Lincoln Road location in a popular retail hotspot
• Unit A and Unit H - two small affordable freehold retail units, buy one or both!
An affordable retail opportunity offered to the market - the first time in 18 years. A long term established Superette, having been at the premises for close to 20 years, the tenant is currently on a monthly lease basis (returning net $31,570 + GST), presenting an opportunity to negotiate with the current tenant on a long term lease, or more favourably add value or utilise the premises as an owner occupier.
Located just off the main intersection of Lincoln Road and Universal Drive, the unit is situated in a popular retail block consisting of a popular and established tenancy mix currently with zero retail vacancy. Situated next door is Lincoln North Shopping Centre, home to KFC, BNZ Bank, ANZ Bank, Westpac, Pizza Hut and more, with Pak n Save and Mitre 10 Mega in close proximity.
To be sold separately, Unit A (a tenanted investment returning $26,000pa + GST) and Unit H represent excellent entry level/small retail opportunities located in a busy and high profile precinct.
Please find more details of Unit A from the link below:
https://www.bayleys.co.nz/1689704