944sqm
floor area
Anchor tenants | Six month bank guarantee |
Growth | Business has a great future with plans to open more stores nationwide |
Lease | Returning $270,000 + GST and outgoings |
Lease term | Eight year lease to an established and nationwide business |
• New eight-year lease to an established and nationwide business
• Returning $270,000pa + GST and outgoings
• Fixed 1.5% annual rental increases and built-in market rent reviews
• Six-month bank guarantee
Fantastic offering to the market, prime Albany investment comprises 944sqm (approximately) of building accommodating retail, offices, and comprehensive manufacturing facilities along with 20 on-site car parks. KATSUBI, means 'winning day' and is a New Zealand success story. The business has been operating for over 20 years currently with 19 locations nationwide with two more stores opening soon.
Offering a Korean-Japanese fusion cuisine that has become very popular in the dine in and takeaway market. The tenant has invested significantly in the fitout and machinery for their operation including manufacturing to provide high-quality product and supplies to its network of stores. The business is in expansion mode with the view to open more stores around the country. This is a great opportunity to secure a quality building leased to a successful and proven business with fixed rental growth. Do not miss out on this rare offering, seize your winning day!
Licensed under the REA Act 2008
Mobile: +64 21 711 755 |
Office: +64 9 489 0988 |
ranjan.unka@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 808 579 |
Office: +64 9 489 0989 |
steven.liu@bayleys.co.nz |
944sqm
floor area
Anchor tenants | Six month bank guarantee |
Growth | Business has a great future with plans to open more stores nationwide |
Lease | Returning $270,000 + GST and outgoings |
Lease term | Eight year lease to an established and nationwide business |
3/35 William Pickering Drive, Albany
Open in mapLicensed under the REA Act 2008
Mobile: +64 21 711 755 |
Office: +64 9 489 0988 |
ranjan.unka@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 808 579 |
Office: +64 9 489 0989 |
steven.liu@bayleys.co.nz |
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