Wairau Valley, North Shore City
Listing: NSC38378
Secure this exciting tenanted investment in Wairau Valley, leased as the head office, food manufacturing facility and warehouse to WUCHA. The tenant operates a successful bubble tea business with 11 stores in Auckland and 4 stores throughout New Zealand. A new 5-year lease from February 2022 plus further 3 x 5 year rights of renewal with a mixture of market and CPI rent reviews. This is the only unit in this popular complex to have consent for food manufacturing. It is available for sale for the first time in nearly 20 years! The property has a total floor area of 416.5 m² (approx.) with 2 commercial kitchens, warehousing, mezzanine storage and office space and 7 allocated car parking spaces. Investment Features: - Returning $65,000 + GST + outgoings - National business with 15 stores throughout NZ - Food grade premises - New 4 x 5 Years Lease as of February 2022 - Premises recently refurbished - Extensive Landlord chattel list included in sale This is an opportunity you don't want to miss. Contact the listing agents today for further information about this opportunity. Download further Due Diligence details here: https://www.harcourtsfiles.co.nz/listings/W7E3
Property Details
Tenanted Investment
Tenure
Unit Title
Property Type
Warehouse, Industrial
Office Square Metres
125
Warehouse Square Metres
177
Mezzanine Square Metres
114
More Details URL
https://www.harcourtsfiles.co.nz/listings/W7E3
416m² (approx) Floor Area