5 Kendal Street
Cowra NSW 2794
$449,000
Main Street Opportunity with Tenant until Nov 2026
**Please note, the business is not for sale**New to the market is this tastefully renovated commercial premises, situated in the heart of the main street of Cowra NSW.
Currently occupied to a popular catering and fine-dining restaurant 'Oak on Kendal', this property will be sound addition to investment portfolios, with a secure tenant in place until November 2026.
Property features & information;
• Freehold building with liquor license attached
• Two renovated bathrooms, includes disable access
• Commercial kitchenette area & service bar area
• As new ducted reverse cycle air-conditioning
• Fully re-wired & re-plumbed throughout
• Rear, upstairs and underneath storage rooms
• Upstairs potential for office, with toilet/plumbing
• Downstairs potential for use as a cellar
• Rear access with one off street carpark area
• Natural gas with instantaneous hot water system
• Total block size of 206sqm approx.
• Zoning - Local Centre
Tenancy information;
• Leased to 'Oak on Kendal' until November 2026
• Three year option to renew in the tenant's favour
• Annual rent increase applies to the lease
• Approx. 5.5% net return at the asking price of $449,000
• Family owned business with excellent reviews
Inspections are strictly by appointment and require a minimum of 48 hours-notice.
Contact Caley Mok on 0437 007 303 to inspect, or to obtain more information on the annual income, outgoings and tenancy agreement.
Oak on Kendal - https://www.facebook.com/profile.php?id=61571557747208
Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however, we cannot guarantee it.
*approximately
Features
General Features
- Land Area: 205sqm
- Commercial Type: Hotel/Leisure
- Building Area: 119sqm
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