My Adelaide in Adelaide, South Australia | Property

My Adelaide

Locality: Adelaide, South Australia

Phone: +61 417 859 190

Address: PO BOX 363, GLENSIDE 5065 Adelaide, SA, Australia

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09.01.2022 Profitable freehold (property-business) CAFÉ- TAKEAWAY for sale in prominent Barossa Valley township, Known as Nuriootpa Chicken Centre with the same (fami...ly) owners for some 35 years.; located on prominent Murray Street, Nuriootpa. Currently trading five (5) days (Wednesday to Sunday) +/- 1100am to 830pmcould trade 7 days. Average 5 x day weekly sales = +/- $13,000. The business is owned-operated by a husband & wife with casuals as required Average 5 x day usage = +/- 350 birds; +/- 35kgs fish; +/- 675kgs chips; +/- 140L cooking oil. Located on a +/- 1500 sqm landholding is. Shop proper, with prep., storage, utility areas etc. Commercial shop providing passive income Stand alone residence could be rented out Various utility buildings - one as garage Rear sealed car park ASKING PRICE’: The business $240,000 plus stock The property $600,000 ENQUIRIES’ [email protected] 0417 859 190 ADELAIDE BUSINESS AGENTS [RLA65455]

07.01.2022 Please be mindful as from 01/07/2020, new amendments kick in on leasing. In short - these amendments’; Provide protection for tenants paying up to $400,000 in annual rent Landlords will now be required to provide prospective tenants with a... o Disclosure statement o Draft lease as soon as negotiations commence o Copy of the Retail and Commercial Leases Guide produced by SA SMALL BUSINESS COMMISSIONER Return any bank guarantee within 2 months of fulfilling lease obligations. There is also clarity around holding over provisions on lease agreements. Previously, unsuspecting tenants and landlords may have found themselves locked in a unrequited b2b relationship for longer than expected or wanted. So, under the changes , holding over more than 6 months under the existing lease will not result in a 5 year extension of the lease. Some other changes allow leases to move in and out of the scope of the Act per se. More than likely, most commercial [security] rental bonds will now be 3 months.