20/40 St Quentins Avenue, Claremont WA 6010

Restaurant Freehold (FULLY LEASED) in CENTRE of Claremont

ASKING PRICE $1,100,000 (no gst payable)
RENT $75,900 including gst

• Located in St Quentins complex corner of Stirling Highway, Stirling Road & St Quentins Avenue
• TOTAL STRATA AREA 181sqm
• FREEHOLD BUILDING Fully leased to popular Momos & More Nepalese Restaurant
• Business running well with Husband (Chef) and Wife (Accountant) Owners
• Complex comprised of 63 Residential Apartments and 20 Commercial Units
• Same freehold owner since bought off plan in 2007
• NEW LEASE 3 Years with 3 YEAR OPTION commenced 1st April 2025
• Rent $69,000 per annum plus gst
• Lessee pays all outgoings of $12,699 per year
• Two Secure Car Bays include in rent
• ALL OUTGOINGS PAID BY LESSEE consisting of
Claremont Council Rates $4,288 PA
Watercorp $2,220 PA
Strata Levies $ 6,191 PA
• Rent increase CPI annually and to market on exercise of 3 year option
• Plant and equipment list owned by Lessor will be provided
• All plant and equipment maintained by tenant
• Use of gymnasium and pool available to tenant
• Operating Hours 7am to 10pm everyday
• Security Bond of $20,000 in place

Sold as going concern with lease in place hence not subject to GST

FUTHER DETAILS
Contact Owner / Agent MURRAY PETER 0411188825 email [email protected]