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626 Hampton Street Brighton, VIC 3186

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626 Hampton Street,
Brighton, VIC 3186

Shops & Retail • Offices • Showrooms & Large Format Retail

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Long-standing Tasty Investment

  • LONG STANDING TENANT ‘IN A PICKLE DELI'
  • 5 YEAR LEASE TO 31 JAN 2024 + OPTIONS
  • ESTABLISHED BRIGHTON RETAIL STRIP
EOI NOW CLOSED

Exceptionally positioned in the tightly held boutique group of bayside Brighton shops, your investment is flanked by other strong retailers such as Vintage Cellars, Philippa's Bakery, Soul Press, Devolas Fruit and newcomers, The Italian Chef and The Meatsmith.

Dominating this strip are food/beverage related businesses which all compliment one another and continue to expand. This is something critical in today's retail strip environment.

With excellent client and customer parking and situated close to St Leonards College and Haileybury College, this retail strip has loyal patronage

Key features include:

* Long standing tenant: 'In a Pickle Deli'
* Current net rental of $44,712 p.a (will be $46,500 p.a as at January 2021)
* Five (5) Year Lease expiring 31st January 2024
* Tenant has two further options of five (5) years
* Fixed increases of 4% throughout the lease
* Tenant pays all outgoings (excluding land tax)
* Rear laneway access for deliveries
* Building area: 150sqm*
* Land component: 223sqm*
* Commercial 1 zoning
* Huge development upside STCA: (refer to property next door at 628 for inspiration).

For further information or to arrange an inspection, please contact:

James Glen 0401 493 2...

PLEASE NOTE:

* Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.

* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.

Property ID: 503681790Last Updated: 26 Oct 2021

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This information is supplied by realestate.com.au (ABN 21 080 195 535) on behalf of Proptrack Pty Ltd (ABN 43 127 386 298). Copyright and Legal Disclaimers about Property Data.
04014932...
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626 Hampton Street
Brighton, VIC 3186

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