Up for grabs here is 135 Prince Street, Grafton, a great main street position.

Upstairs is the Fountain Court Chinese Restaurant, a well known and regarded local institution. This space is approximately 260.4m² and features include a reception/front of house area, air conditioned dining room & bar, commercial kitchen and bathroom amenities. The tenants/ Fountain Court have been here for in excess of 30 years and have just signed a new 5 X 5 Lease moving forward.

Downstairs is Cyclesport Grafton, a prime ground floor retail space of approximately 146.4m² comprising of retail/display space, front of house area, workshop space, storage space, kitchenette and bathroom amenities. Lease expires on 31/10/2024

Features include:
•271m² block (approx.)
•Located in the heart of the CBD
•Prince Street frontage
•2 well established tenancies in place
•First Floor Space Approx 260.4m², Reception/waiting area, dining/bar/ coolroom, kitchen, storage and bathroom amenities
•Approx 146.4m²Groundfloor retail space – Cyclesport Grafton
•Rear lane access
•Zoning - E2 Commercial Centre
•Annual rates - $3,161.44

The owners have held this property in excess of 20 years, but the time is right for them to move on and they are committed to a sale. What a great opportunity to get into the commercial property market or why not add to your existing portfolio.