Located in the middle of the twin cities, this wide frontage property offers excellent profile to travellers on State Highway 2 between Hastings, Napier and Havelock North. This property has a long term lease running through to 2031 in place for the restaurant and excess space which could be developed to the new owners taste. The Restaurant space is 260m2 and total land area is 1560m2.
|Approx Floor Area||1560 sqm|
|Land Size||1560 sqm|
|Parking||Carparks: 12, Uncovered: 12|
|Property Type||Other (Restaurant), Tenanted Investment|
|Approx Floor Area||
|Tenancy 1||Area Sqm: 1560, Commencement Date: Friday, 25 March 2016, Expiry Date: Monday, 24 March 2031, Rental net/gross p.a.: 30000, Review Dates: 25/03/2019 and 25/03/2022, Rights of Renewal: 4 x 3 years, Tenant Name: Liger Trader Ltd, Term (years): 3|