76 and 78 Kendal Avenue, Burnside, Christchurch

Bite-Size Retail Investment

Auction brought forward
12pm, Wed 6 April 2016
3 Deans Ave. Chch

76 and 78 Kendal Avenue presents an exciting investment property.

Positioned in a popular area this group of shops has proven to be very successful attracting a wide base of customers from the surrounding area.

The premises form part of a block of eleven shops which were erected during the 1960s. The shops for sale are located on the corner of Charlcott Street and Kendal Avenue, Burnside.

The property is divided into two separate and independent shops; the hairdresser, Colour Theory Hair Design Limited net rentable floor area is approximately 64.3sqm with the balance of 31sqm tenanted by Relish Nails and Beauty. The land area is 192sqm.

The tenancies are essentially being leased as a bare shell, provided with vinyl floor coverings, plasterboard lining and lighting throughout. Extensive glazing is at the front of the tenancies with public access from the street and separate access at the rear. Basic kitchen and bathroom facilities are incorporated within each tenancy.

This property is well presented inside and out, offering a standard of accommodation commensurate with comparable shops in the wider location.

No car parking is designated with the property, however ample off-street parking is adjacent to the shops.