LJ Hooker Commercial Perth are pleased to present 531 Hay Street, Subiaco for sale by Offers to Purchase.

This well presented and established small bar occupying a strong location being centrally located in Subiaco is known as The Village Bar.

The property is leased for a term of 35 years from 1 September 2010.

Key Features:

Ground floor strata unit
Area – 421sqm *
Main bar area – 285sqm *
Commercial kitchen measuring 65sqm *
Manager’s office and store room – 7sqm *
Covered yard area and beer cellar – 26sqm *
2 customer entrances
Tastefully presented modern main bar and seated area
Ducted reverse cycle air conditioning

The property is part of a larger strata titled site that comprises a total of 20 lots being a mixture of ground floor commercial/retail and first floor offices.

This investment opportunity provides the astute investor with income from 2 sources. The lease to The Village Bar and a lease over the common area car park to Wilson Parking.

Total current net income approximately $266,600 per annum.

IM available upon request.

For further information, contact the exclusive selling agents on:

Vincent Siciliano – 0488 355 535 / 08 9220 2205
Matthew Lyford – 0419 934 904 / 08 9220 2205

Alternatively contact the office on 08 9220 2200 / perth@ljhc.com.au.

* Approx