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Offers over $75,000
Phone enquiries - please quote property ID 18974.
The Rustic Owl shop is located in a prime location at DFO Jindalee!
The shop is a Home Decor and Collectables shop selling nic naks for the home, figurines, buddas, sea scapes, waterfalls, jewellery and scarfs, hand made candles, hand made fairy ornaments and doors, fairy houses as well as, mystical dragons.
A lot of the collectables are on consignment and consists of swords, replicas, collectable figurines, board games plus an assortment of plush all in very high demand.
There is 4 years left on the 5 year lease (with further 5 year option).
Rent is $50,000 pa plus outgoings ($36,000 pa). The Bond is $22,500 (minus $7,500 which has been paid) and a further $15,000 which is due next month in December.
Size of shop is approx 200 sqm. The shop is located in a corner position and has 2 sides in glass for merchandising.
There is approx $150,000-$165,000 worth of stock at wholesale price plus approx 20% as further consignment stock.
There are $14,000+ worth of shop fittings. (shelves, pallets, custom counter, mural and signage)
As mentioned above there is $7,500 Bond which will be assigned to the new owner.
Owner is looking for a fast exit to sell the shop on a nett to 'walk in walk out' basis for $55,000 plus the additional Bond of $15,000 for a quick sale.
Please contact for further details.
Suite 1A, 608 Hawthorn Road, Brighton East VIC 3187
Call No Agent Property - QLD on
1300594794
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