Are you interested in inspecting this property?
Get in touch to request an inspection.
Stunning Freehold Commercial Opportunity
- 1 Bed
- 1 Bath
This freehold opportunity comes along very rarely in Longreach, and is one of only a very few substantial main street commercial properties to come on the market over the last decade
The freehold building and the business is for sale on a walk in walk out basis and includes all current equipment. This main street building is one of the last remaining heritage properties in Longreach, of substantial concrete construction and imposing main street frontage. The property has side lane access from the main street, with wheel chair access for clients.
The coffee shop has been operating for 6 years and is fully equipped, has an approved commercial kitchen and has excellent indoor and outdoor dining areas, with appropriate furnishings for continued operation in its current form, or to add other aspects to the business. The coffee shop provides significant cash flow throughout the year, with strong local following providing the base of income. During the tourism season, generally from April to October, the business is extremely busy, with many visitors returning year after year. In addition to the regular clientele and the tourism season custom, the business has advanced bookings until the end of 2016 with a high profile tourism business, for lunches for their clients and with more bookings likely depending on their other bookings.
In addition to those elements, the current owners have trialled providing lunches, which has proved very popular, generally with a very limited menu and at reasonable cost. There is considerable potential to grow that part of the business, and to greatly increase the income generated.
The premises comes with a two bedroom residence upstairs, which could easily be converted to office and or storage space. There is one toilet for public use down stairs (one upstairs), however, there is Council approval for another toilet down stairs should that be required and could installed without significant cost.
An 8kw solar power array is included in the sale price. This provides significant reductions in power costs, to the benefit of the new operator.
A full Stainless steel kitchen is available for separate sale. This could be installed by the new operators, and includes stainless benches, new gas/electric stove (commercial grade) and high volume dish washer. An onsite studio area is contained in a colour bond shed (12m x 6m), only 3 years old with separate access available from Crow Lane. There is scope for the development of other enterprises on the site, either using the rear shed and land separately or as part of a single business.
The sale of the building, as a going concern will see the deferment of GST allowing a reduced entry point for a potential buyer.
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Do you want to find out more about this suburb? Enter your details to receive a free comprehensive suburb report.