The King of Main Street


34-36 Main Street, Blenheim

Auction

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The King of Main Street | 34-36 Main Street, Blenheim | 4002227 |      X Close
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The King of Main Street


Bayleys Real Estate are delighted to offer four quality commercial investment properties available for purchase collectively or individually. Each of the properties present highly desirable investment opportunities, combining high profile locations, long term leases and quality building standard.

34-36 Main Street, Blenheim - offers 1,770m² of land housing a Burger King outlet in a 253m² building. Burger King's lease term runs through to 2023, with two further four-year rights of renewal, generating annual rental of $176,800. The site provides car parking for 23 vehicles. The lease provides for three-yearly rent reviews.

• Leased to Burger King

• $176,800 net annual rental

• 4 years remaining in current lease term

• Sought after industrially zoned freehold title

• Estimated at min 100% NBS

• Built in 1996 and redeveloped in 2011

• 100% outgoings recoverable

For Sale by Auction (unless sold prior) Wednesday 6th March 2019, 11am, Trafalgar Centre (Northern Extension), 3 Paru Paru Road, Nelson.

For further information please visit- www.gibbons2019.co.nz

34-36 Main Street, Blenheim

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