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FREEHOLD MIXED BUSINESS & TAKEAWAY FOOD, LISMORE, NORTHERN RIVERS NSW

PROPERTY TYPE/SIZE

A freehold mixed business which includes takeaway hot foods, groceries, papers, magazines and other daily household needs and has main road exposure. Included in the sale is a 4 bedroom residence with a large rear yard which can be leased separately to the shop.

BUSINESS INFORMATION

Lismore Heights Store is located on the busy Ballina Road in a flood free area with excellent parking at the front of the shop. It adjoins a Post Office and Service Station ensuring excellent passing trade with the Southern Cross University located nearby. The shop has a huge floor area of approximately 100sqm, with a fire retardant wall between the shop and residence (as per Council regulations).

The shop sells:

Takeaway hot foods, including: Hamburgers Fish and Chips Chico Rolls Spring Rolls, etcSandwiches and RollsDelicatessen lines (Cold meat, cheeses, etc) Groceries, dog food, household linesNewspapers and magazines Milk and dairy products Frozen foodsSnack foodsConfectionary and chocolatesIce creamsCigarettes and tobacco

The Residence:- The residence has a floor area of approximately 116sqm and can be utilised as:

4 Bedroom family home with 2 bathrooms and 2 lounge/living areas or3 Bedroom home plus a self contained 1 bedroom unit adjoining the shop The residence has:

Master bedroom with built in robes

2 other bedrooms, carpeted and with ceiling fans

Large kitchen/dining room

Large lounge/living room

Bathroom with separate toilet and vanity area

Internal laundry

Large back yard area with clothes line

Lock up storage shed

Single car garage off laneway with roller door access to rear yard

The residence is currently leased with excellent rental returns.

The Separate 1 Bedroom Unit: This adjoins the shop area and would be ideal for a couple or single person. It has:

Renovated bathroom with toilet

Lounge/living area

Large bedroom with ceiling fan

The 1 bedroom unit has the potential to be made part of the main 3 bedroom residence with the removal of a wall (Council approved) creating a very comfortable 4 bedroom family residence.

Fixtures and Fittings: The store is fully operational and has quality equipment including:

Large 4 burner gas stove

Large electric hot plate

Deep fryer

Stainless steel food preparation area

Large cool room

Drink fridges

Delicatessen cabinet

Counters

Display units

Fridge

Freezer

Refrigerated sandwich preparation unit

Plus other equipment, shop fittings and signage

The Business:

Is very profitable

Trading hours are 6am to 7pm Monday to Saturday and 7am to 2pm Sunday

Has been established approximately 70 years

Enjoys great exposure on one of the towns main arterial roads

Has good front street parking

Includes quality equipment and shop fittings

Has quality signage and ample storage areas

Has 2 years of trade figures available on request

BEST FEATURES

Good business with freehold property

High exposure location on main road

Quality residence Can be 4 bedroom or used as a rental

Close to Southern Cross University

Excellent turnover and profits

Easy to operate

Ideal family business with good cash flow

Close to Ballina, Byron Bay and the Gold Coast

Has single lock up garage plus storage shed in rear

ADDITIONAL INFORMATION

This business and property represent a good opportunity for a family to earn a good income (2 years of trade figures available on request) and live a quality lifestyle in the Northern Rivers area. The property is in sound condition and has a large backyard area ideal for children and pets. The garage and storage shed are a bonus. There is great potential to expand the current turnover and grow the business into associated areas i.e. catering etc. Its location is special with a huge volume of cars passing (over 28,000) daily. Proximity to the Ballina/Byron Bay area is a bonus and the Gold Coast and Brisbane are only a short drive away. Lismore is a growing city with a progressive Council and a diversified industrial and agricultural industry/trade.

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