2 Storey Quaint Paddington Shop

Description

Located in the heart of Oxford Street, Paddington, this commercial property is an ideal investment opportunity.

Positioned in a versatile B4 Mixed Use zoning, this is the first time in 36 years, that this property has been offered for sale.

Conveniently located among a number of high end fashion stores and situated over two floors, this property is waiting to be transformed to the next level.

Offering a land area of 243m2 with a ground floor building area of approximately 180m2 and a first floor building area of approximately 80m2.

The ground floor offers the following features:
- 6 metre wide frontage
- Indoor cafe seating area
- Sunny open courtyard with seating
- Male & female toilets
- Large gallery style commercial kitchen
- Air conditioning
- Storage room
- Small loft
- Access via the rear lane for loading and unloading, with a roller door entry

The first floor offers:
- Covered verandah, overlooking the courtyard - for additional cafe seating
- Separate office
- Residential kitchen
- Internal cafe seating, overlooking Oxford Street
- Open fire place

The premises have been leased as a cafe/restaurant for the past 31 years. The lease details are available upon request.

Due to the current lease in place, the property will be sold as a "going concern" and therefore GST will not be applicable.

For more information or to arrange an inspection, call Marlene Lynam on 0408 601 433 or 02 4862 3000.