Скачать или смотреть 33 Byron Street, Bangalow - “The Strand” – Richly Rewarding and Historic Business Haven

It's one of Bangalow's most iconic buildings, and now your opportunity has arrived to own a coveted slice of local history with “The Strand”.

Part of the fabric of the township since 1908, it's stood proudly amongst a row of four brick terraces on the Main Street, with their cheerful facades a cherished reminder of a bygone era. Each of these has remained true to its origins throughout the years, with these Federation gems part of the fabric of the local community.

“The Strand” is also one of Bangalow's oldest licensed heritage buildings. The building has held this lucrative license since the mid 1980s, with the tenant acting as the licensee. With regulations in place that prevent any more licenses from being approved in this location, it makes this one very enticing commercial prospect. Fully leased, it currently hosts the thriving Italian restaurant Ciao Mate on the lower level and have injected youthful fun into the local hospitality scene. Upstairs is also fully leased to a local business, plus explore your potential to extend or enclose the deck as leasable space and generate further revenue.



Highly regarded as a key destination that locals and visitors alike love, Bangalow is a picturesque hinterland town that blends a traditional streetscape with modern appeal. Approx. 20 minutes from its faster-paced "big brother", Byron Bay, this is a town that attracts people who crave a cruisier lifestyle. It's where people meander the postcard-perfect Main Street with its historic Federation-style buildings and indulge in great food, antiques, galleries and homewares along the way. It's also sought-after because of its affordability compared to Byron Bay, which generates excellent numbers of visitors to this area.

Community plays a huge part in Bangalow, too – it's a "hands-on" type of town where everyone is willing to pitch in and help, and everyone knows your name. At just 95m above sea level, it's also a tropical setting that can experience four seasons in one day!

Key Features:
· Steeped in history - one of Bangalow’s oldest licensed heritage buildings

· The building is fully leased with one tenant and 2 separate spaces: Ciao Mate is the only tenant

https://www.ciaomate.com.au/

· Ciao Mate on a 3/3/3 lease until 2 June, 2023

· Highly regarded as the best location in town, and lucrative in that it has minimal competition

· Licensed premises since 1980s, with no more licenses to be approved for this area

· Council approved restaurant/cafe consists of a main dining/shop space, commercial kitchen, bathroom, storage, and back courtyard seating area.

· Upstairs commercial space has been renovated, with an upgraded kitchen and bathroom facilities

· Four new air-conditioning units

· Two solar remote controlled opening skylights and one fixed skylight in the upstairs area

· Front and rear outdoor covered verandah - flexible commercial/home business space

· Downstairs is zoned for restaurant use as is 50% of the upstairs area, remaining upstairs area is zoned for general commercial use

· Potential to further develop the rear courtyard or balcony for extra dining space


Income:

· Ciao Mate Upstairs & Downstairs - Total Rent $178,398 incl outgoings plus GST


Per Annum Charges:

· Council Rates: $4,867.00

· Insurance: $4,189.00

· Land Tax Land Value: $466,000

Skene & Co are proud to present "The Strand" for sale. For more information on this rare and prize commercial precinct, contact Matthew Skene on 0418 292 385 today.

Please contact Matthew to arrange a private inspection.