When does the current lease end?
A new lease will be negotiated upon sale of the business.
Is there an option of renewal & what period?
Subject to negotiation and agreement.
What is the annual escalation %?
8%... Market related.
What are the trading hours?
Monday to Friday: 07-30 to 7-00pm.
Fridays in fruit picking season 8-00pm.
What is the square meters of the business?
Sales area: 740 sq m.
Back areas: 430 sq m.
Total: 1170 sq m.
Who is the Owner/Landlord?
The current Owner of the business.
Is a copy of the lease available?
A new lease will be issued upon the sale of the business.
Do you require a licence?
Yes, and a liquor license for the Tops outlet.
What lease deposit and/or other surety is required?
1 Months deposit and 1 months rent in advance.
What comprises the premises?
The premises comprises two separate buildings, across the road from each other.
The one is the supermarket with an outdoor seating area, and leased parking and also has a separate retail store premises if required as a separate entrance in the back of the building with parking.
The opposite building has been prepared to become a Tops outlet, and also has a flatlet within the premises with separate side entrance which is part of the leased premises and ideal for the Owner/ Manager to live in if required.