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Located in a highly prominent position at the junction of Bramley Road and Chase Road.
Price | $970,950 |
Unit Size | 1,650 SF |
No. Units | 1 |
Total Building Size | 4,836 SF |
Property Type | Retail (Condo) |
Property Subtype | Storefront |
Sale Type | Investment |
Building Class | B |
Floors | 1 |
Typical Floor Size | 4,836 SF |
Year Built | 1990 |
Unit Size | 1,650 SF |
Price | $970,950 |
Price Per SF | $588.45 |
Condo Use | Industrial |
Sale Type | Investment |
Tenure | Freehold |
The property comprises a double fronted, single storey restaurant, which has been in the same ownership and traded as ‘Oakwood Palace’ for over 50 years. The restaurant provides approximately 70 covers, with bar/take away area and customer toilets. The kitchen and stores are to the rear, leading to a small shared rear service yard with a lock up garage .
No equipment or goodwill is included in the freehold sale however, as the property falls within Class E of the Town & Country Planning (Use Classes) Order 2020, it is suitable for a variety of alternative occupiers.
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