Calypso Plaza Bldg / Mantra Esplanade Hotel Shop 10/53-57 The Esplanade Cairns QLD 4870

DESCRIPTION

Phone enquiries - please quote property ID 35315.

HIGH FOOT TRAFFIC PRIME LOCATION IN THE HEART OF CAIRNS CBD, NEXT TO THE MANTRA ESPLANADE HOTEL LOBBY AND SURROUNDED BY POPULAR RESTAURANTS AND OTHER 4-5 STAR HOTELS

The shop is semi-divided at the moment into a travel shop and a luggage storage business, both operated by the owner. The shop is suitable for 2 separate businesses.

Rent has been discounted tin he following way :

1st year: $60,000 ( $5,000/month ) + Gst
2nd year: $72,000 ( $6,000/month ) + Gst
3rd year: $84,000 ( $7,000/month ) + Gst

Renewal and/or purchase options are available after the 3rd year.
LEASING OPTIONS

1. WALK IN / WALK OUT
New tenant can take over the existing operations.
The travel shop has been operated by the owner since March 2002, Long, good relations and the best commission deals with all FNQ tour operators. The new tenant could sub-lease half the shop to a 3rd party.
This is the most preferred option for the retirement planning owner who is nearing 70.

2. VACANT POSSESSION
Permitted use: Any business that doesn’t contravene with the building by-laws. Any tourism-related businesses, any kind of retail and any type of food & drink related businesses like cafes, wine bars etc. Also any health, beauty or lifestyle businesses.
3. FURTHER INFORMATION :
Address: Shop 10 ( Lot 120 ) 53-57. ( or 55. ) The Esplanade, Calypso Plaza Building
Commencement date: in 2025 - Negotiable
Term of lease: 3 years + renewal options / Negotiable
Lettable interior area: 67 sqm
Any fit-out required will be the expense of the new tenant.
All outgoings are payable by the tenant
The shop has an NBN connection ( suitable for 2 separate businesses)
1 allocated, undercover car park

Option to purchase the freehold now or in the future.
Option to lease / rent / purchase a 2 bedroom dual key apartment above the shop.

You can inspect the shop any day of the year from 09:00 am to 17:00 pm.
All serious offers will be considered!

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