Balwyn,For Sale $320,000
SUBWAY FOR SALE – ANOTHER GEM IN THE EASTERN SUBURBS
This restaurant is larger than the average which can accomodate parties/functions/birthdays etc.
Located on a main Road in a blue chip area, within a group of shops, with other direct fast food outlets (McDonalds) is across the road.
There are many catering opportunities in the area including several schools, institutions and gyms. Subway currently caters to some of these! Store has already received 5 new TV panels.
This is a well established store of over 14 years and only 2 owners. Within the area, there is only one other subway store and subway head office have advised that they do not foresee another opening in the area.
Initial Lease Term – 5 Years
Further Lease Term – 5 + 5 + 5 years
Rental – $5,687.50 pcm + GST + outgoings
Security Deposit – 3 months rental (bank guarantee)
Increases – 3% annually with market review at option
Please quote listing number ST0115 when contacting our office
FOR MORE INFORMATION AND A CONFIDENTIAL DISCUSSION, PLEASE CONTACT THE LISTING AGENT SOPHIA TZIMAS ON 0417 388 841