SUMMARY
Long-Established Supermarket Backed by Metcash Ltd
DESCRIPTION
Secure 10 Year Lease to 2025 plus 2 x 10 Year options.
Substantial 1,600 sqm supermarket including liquor.
Strategic Commercial 1 Zoned site with 2 street frontages and an important pedestrian link connecting to large council car park.
Central to complementary retail inc post office, banks, pharmacy etc.
Ritchies pay all usual outgoings (excluding land tax).
Ritchies is Australiaâs 7th largest private retailer with revenue of $863 million (source IBISWorld) across a network of over 75 stores.
Metcash (ASX: MTS): Australiaâs leading ASX-listed wholesaler with sales of over $14 billion in FY18.
Bright: booming year-round family tourist destination and gateway to Victorian Alps â 55% house price growth in the past 3 years.
Rent: $242,817 pa (projection based on June quarter CPI).
Private SaleAustralia,
14 Ireland Street,
BRIGHT,
VIC,
3741
Ritchies Supa IGA 14 Ireland Street BRIGHT VIC 3741Secure 10 Year Lease to 2025 plus 2 x 10 Year options.
Substantial 1,600 sqm supermarket including liquor.
Strategic Commercial 1 Zoned site with 2 street frontages and an important pedestrian link connecting to large council car park.
Central to complementary retail inc post office, banks, pharmacy etc.
Ritchies pay all usual outgoings (excluding land tax).
Ritchies is Australiaâs 7th largest private retailer with revenue of $863 million (source IBISWorld) across a network of over 75 stores.
Metcash (ASX: MTS): Australiaâs leading ASX-listed wholesaler with sales of over $14 billion in FY18.
Bright: booming year-round family tourist destination and gateway to Victorian Alps â 55% house price growth in the past 3 years.
Rent: $242,817 pa (projection based on June quarter CPI).
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