Strong Trading Suburban Pub & Bistro
SOLD
305 Morrison Road
Swan View WA 6056
Leisure
FOR SALE
1722m2
- Building Name The Pig & Whistle Bar & Bistro
Jones Lang LaSalle as exclusive selling agent is pleased to offer for sale, the opportunity to acquire the Pig and Whistle Tavern.
The offering comprises a going concern tavern business with an option to purchase the freehold.
We highlight the key attributes of this investment below:
- Strong and established cash flow with turnover of over $5,000,000
- Opportunity to purchase the Freehold with the Business via an option held by the Leaseholder with the added protection of a long term lease expiring 25 October 2035.
- Substantial 7,699sqm* site, with less than 20% site coverage, providing potential for further development (STCA).
- Opportunity to reconfigure and/or upgrade and increase the capacity and efficiencies the drive thru bottle shop.
- Potential for increased commission income from outstanding TAB operations.
- Strong location on a main thoroughfare within an established residential and business precinct that is well positioned to benefit from continued regional growth within the Swan Valley
- Located opposite the Darling Ridge Shopping Centre and in proximity to new fast food development.
- Limited tavern and bistro competition within the direct locality
The offering comprises a going concern tavern business with an option to purchase the freehold.
We highlight the key attributes of this investment below:
- Strong and established cash flow with turnover of over $5,000,000
- Opportunity to purchase the Freehold with the Business via an option held by the Leaseholder with the added protection of a long term lease expiring 25 October 2035.
- Substantial 7,699sqm* site, with less than 20% site coverage, providing potential for further development (STCA).
- Opportunity to reconfigure and/or upgrade and increase the capacity and efficiencies the drive thru bottle shop.
- Potential for increased commission income from outstanding TAB operations.
- Strong location on a main thoroughfare within an established residential and business precinct that is well positioned to benefit from continued regional growth within the Swan Valley
- Located opposite the Darling Ridge Shopping Centre and in proximity to new fast food development.
- Limited tavern and bistro competition within the direct locality