31 Church Street ROSS TAS 7209
$730,000

DESCRIPTION

Prime tourist investment in Iconic Tasmanian Bakery Business. Five year lease with two further options to extend.

Achieving an annual rent of $58,400 pa. plus GST plus outgoings provides a yield of 8% pa.

Bakery 31 is home to the famous Tasmanian Scallop Pie Company and not only is a visiting location for tourists it also boasts a strong regular and repeat customer base.

Large 234m2 premises consists of a cafe, dining x2 =, kitchen, servery, storage, display, 1 bedroom apartment upstairs & toilets.

A sound investment for someone seeking something different. Well maintained premises, ideally suited to the bakery and hospitality sector.