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OUTSTANDING RETAIL INVESTMENT

FOR SALE
1/459 Peel Street, Tamworth NSW 2340

  • Brand new fit-out with 3 year lease

  • High traffic location

  • Award winning tenant 

Spilt Milk Bar located at 1/459 Peel Street, Tamworth in northern NSW presents a rare opportunity to secure an outstanding retail investment in one of Australia's strongest regional towns.

Secured by Spilt Milk Bar

 

A brand-new fit-out with 9 additional car spaces provides income security from a trendy hospitality retailer that has now expended across 3 successful regional hospitality locations.

The original Spilt Milk Bar opened in Orange back in 2018, followed by Canberra in 2020, and venue number 3 officially opening in Peel Street, Tamworth in late 2021.

Spilt Milk Bar is a retro inspired old school milk bar very popular amongst our young right through to any age where you are never too old to enjoy delicious ice-cream and gelato. With an eye-catching brand identity, this sweet treat hotspot was designed to balance the nostalgia of classic milk bar vibes with a free-wheeling Australian attitude to create a modern, playful brand - a welcome and refreshing change from an Italo-centric marketplace.

Investment Highlights


- Brand-new 118sqm retail fit-out + 9 car spaces
- New 5 year lease options to 2039
- Significant annual rental increase fixed at 4%
- Annual net income $62,902.52* (+GST)

For Sale - Contact Agent

For more information please contact Next Commercial's exclusive selling agents:

Ryan Cross 0402 147 124

ryan.cross@nextcommercial.com.au

Anthony Bray 0419 322 233

anthony.bray@nextcommercial.com.au

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