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Existing Restaurant Property; Rare Opportunity in this Area

Scarborough, 46/251 West Coast Highway

$55,000 p.a. No GST

Listing Number: NRP3465
About this listing
An excellent opportunity has arisen to lease an existing restaurant premises with Kitchen facilities at West Beach Lagoon, West Coast Hwy, Scarborough. There is also an expired liquor licence which may be renewed subject to approval, with this lease.

Owners willing to lease or Lease with intention to Sell.

Owners not asking for goodwill or plant or equipment purchase.

Email Agent to receive full Information Memorandum today.

This location has been very successful for a number of restaurants these past 12+ years with the owners now keen for their property to be leased out again (or sold). The population in the vicinity around indicate that this is a prime spot for a running a restaurant with a takeaway / delivery menu in addition to a dine-in restaurant, as there is in the range of 5000+ households in this Scarborough area; including the new apartment blocks now springing up all around.

Located in the Redevelopment Area Boundary the scope at this location is plentiful. Daily passing traffic is in the range of 35,000+ Vehicles as per Main Roads 2014/15 data, as attached in the Information Memorandum.
According to the Scarborough MRA Master Plan:
Scarborough Beach is one of Perth's most iconic beaches, sitting just 14km from central Perth. Backed by $30million from the State Government and $27.4million from the City of Stirling, the project aims to create one of Australia's best beachfront destinations.

Ref: https://www.mra.wa.gov.au/projects-and-places/scarborough/vision

The restaurant site comes equipped with Air Conditioning, Signage and a Cold Room. All other existing kitchen equipment can be leased or bought depending on the new tenants' requirement.

Call Mark Fernandes on 0402 214 111 from NAI Harcourts today.
Property Information
  • Floor Area: 171 sqm
  • Land Size: 171 sqm
  • Property Type: Retail

Contact Details

10, 2 Lancaster St
Office website

Property Location

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