Newsagency Freehold With Development Opportunity For Sale

Business description

Freehold Newsagency located in Ipswich growth corridor
The improvements comprise of shop, 3 bedroom residence, pool and sheds.
The property has a development approval for a commercial precinct with 4 shops and 22 car parks on 1618m2 of land.
The property is the prime piece of commercial real estate in the area.
The business has been operating for the last 30 years with the current owners operating the business for the last 8 years.
This business operates 7 days a week and services the rapidly growing area around the Amberley Air Base on the west side of Ipswich.
The business is a full Golden Casket Agent since July 2004 and that alone has added significant value to the business
The owners are now retiring and putting this high cash flow very profitable business on the market with the opportunity for the new owner to take this business to the next level with new and additional shops.

Following are asking prices:

Newsagency An asking price of $950,000 plus SAV and including stock, fittings and equipment. A three year lease with a three year option plus a guarantee that the business would be offered a shop in the new complex if the business and freehold is not sold to the same party...

Block 1 of 809m2 An asking price of $850,000 for the larger property including shop and 3 bedroom residence with shed and swimming pool.

Block 2. of 809m2 An asking price of $450,000 for the vacant block and shed.

This very attractive opportunity will not be on the market long, contact for more information today.

Property information

Real Estate:

Real Property Included

Location:

Walloon CBD

Other information

Trading hours:

7 days