Whanganui Central, Whanganui

$355,000 + GST (if any)
1m2
Floor Area

Proven performer

Would you like to own a Whanganui city business which is a consistent income earner with a bottom line to be proud of, servicing the needs of residential and commercial clients? Ideal as a couples business as managers. If so, you should enquire about this business where you may be involved in either hands-on or management roles. This business has the benefit of a great supplier support structure and a consistent client base. Plus a symbiotic side business which needs developing further to obtain maximum value. The business premises are leased. Enquire in confidence to learn more. For sale $355,000 plus GST (if any) plus SAV.

Whanganui Central, Whanganui

Web ID

WGC188361

Floor area

1m2

$355,000 + GST (if any)
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Gil Button

Gil Button

021 326 956

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WGC188361

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For sale, two income streams, one title, pure central retail on the sunny side of Victoria Avenue, a great location to purchase. Tenanted by Wisdom Is Yours alongside KILT, total rental is $40,500 net per annum. A Heritage building, 1895 construction, with an eye-catching Art Deco style facade, previously known as Dustins, has been modernised downstairs, with the upper floor rooms still in the original style. 59 Victoria Avenue has a concrete slab ground floor, the individual shops have rear storage and office spaces, separate upper floor storage and a common area courtyard. Floor area 426 m2, section 248 m2 (approx).

From $520,000 + GST (if any)

A destination for many business types, the historic Victoria Court building in Whanganui's Victoria Avenue is the home of Japanese Kitchen Wa and the unique environment is complemented by this renowned hospitality business. A licensed cafe and restaurant, the business caters for Asian tastes and offers a wide ranging menu. For sale as a going concern, this 99 sq m (more or less) cafe and restaurant has a fully equipped commercial kitchen, interior and courtyard dining spaces with seating for up to 90 guests. Surrounded by banking and a large range of local and nationally recognised retail businesses.

By Negotiation

Often admired, the ground floor retail area features a mixed modern industrial style. Unique exposed trusses are integral in an earthquake strengthening process for this Victoria Avenue heritage building, with retail ground floor and potential apartment development to the top floor. A truly prime position in the central Victoria Avenue, Whanganui`s main retail locality, neighboured by a wide range of successful national and local business tenancies. The ground floor has a substantial mezzanine over the mirrored changing rooms and kitchenette. The top floor is spacious and requires some TLC and vision. Total floor area 300 m2 (approx) and section 164 m2 (approx). Originally constructed as retail and offices, the current owner has not continued the strengthening development on the top floor, although plans are provided. Views from both floors are streetscape and city overviews. For sale offers over $450,000 plus GST (if any). For lease ground floor only, $300 plus GST plus outgoings per week.

Buyers $450,000+

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