Secure 7 year lease to 2022 plus option through to 2029
Subway: with approximately 45,000 stores in more than 100 countries
Long term established Subway business – relocated in 2015
Leading Subway franchisee with 22 stores through Tasmania and Victoria
Brand new fit-out to Subway’s latest corporate standards
Subway pays all usual outgoings as per lease/Fixed 3% increases
Combined retail frontage of 33 metres
Site area: 200sqm/building area: 150sqm
Absolute prime corner location amongst complimentary retailers including Coles, Woolworths, Australia Post, ANZ, Priceline & McDonald’s
Includes Beauty Salon – new 4 + 4 year lease through to 2025 (in occupation since 2008)
Ulverstone: Busy coastal retail hub, 15km west of Devonport with a trade catchment of circa 21,500
Rent: $39,627 pa

Auction 11am AEDT Wednesday 13 December 2017
River Room, Crown Casino, Melbourne