Freehold Newcastle Service Station. DA for Car Wash.

Link Business is pleased to present the opportunity to acquire the freehold property with BP service station. Sitting in corner block of 1,409 sq meters land close to Newcastle.

Investment highlights include:

• Independent BP service station.
• Cafe
• Convenience store
• Approved DA for car wash
• Significant 1,409 sqm* site with enormous development potential (STCA) this area next to water one of the most sort after location.
• High exposure (approximately 70 m frontage) as corner block, only service station in the area.
• Current estimated shop sale is $100,000/PM with GP of 40%.
• Current fuel sale is around 300,000 ltrs with margin of 13 to 15 cents average
• Invest for the long term and re-develop for the future
• Completely under management

Note: Business and property sold together for $5,500,000 Plus SAV. With over $300,000 annual returns under management before taxes. Plus, rental income expected rent on property is $22,000+GST plus and outgoing (264,000$/PA) If owner operated additional income of $20,000/month on wages total annual income for owner operator with freehold property is approximately $804,000/PA before taxes. If you build car wash extra income. As No car wash nearby.

P.S: No time wasters please. Only serious buyers ring me.

Potential

• Add car wash
• Add hot foods
• Future value on building high rise STCA as it is corner block no High rise in this area.

Cost to acquire:

• Property and business: $5,500,000+SAV
• Stock: $150,000+/-15%
• Stamp Duty and registration fee on $4.500,000
• Bank Guarantee of $100,000 to BP.
• Legal fees at actual.

Please Contact:

Broker: Gilraj Venkatappa
Phone: 0401744199
Email: gilraj.venkatappa@linkbusiness.com.au.

Listing Number: NSW10329

Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.

Stock photo images may be used to represent the business on an unidentified basis.  Purchasers are required to make their own enquiries in order to verify the information provided.