196 Penquite Road,
Launceston, TAS 7250

This is an attractive Freehold / Business opportunity with the bonus of live-in residence attached.
Established since 1958 and under current ownership for the past 25 years, this well established and financially sound little business, comes with an attached and very well presented 3 bedroom home, a large 6m x 9m shed at the rear and a huge secure open back yard for the kids, pets or extra cars.

The location of this fabulous Business / Property is certainly an added bonus, only walking distance to Norwood Primary, Queechy High School and Scotch Oakburn Colleges Middle and Senior School.
With the recent refurbishment of Penquite road (March 2014) additional parking has been created directly outside the shop, additionally the completion of the Eastman's Green subdivision has provided an additional (85 new homes since 2013) which has notably increased foot traffic in the business reflecting in the consistent increase in turn over from year to year.
This Norwood Mini-Market and Takeaway is well established in the area and is ideal for the stay home partner or family.
The owners of this business certainly take pride in the condition of plant and equipment as well as the overall look of the property.
This Norwood Mini-Market and Takeaway is a multiple award winner, winning "Best Corner Store", "Best Fish n Chips" and "Best Takeaway" on numerous occasions with the business component boasting a solid 20% increase in overall sales over the last twelve months. This is a terrific cash flow and investment opportunity boasting the attractive live on site bonus, certainly well worth an inspection.

For further information or inspection, contact the agent Marcus Douglas.