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For Sale

Rye Bakery Café

Rye, Victoria

Summary


  • For Sale
    Status
  • Rye
    Location
  • Victoria
    State
  • $195,000
    Price
  • Bakery Wholesalers

Features


Description


Undoubtedly the best located café on the entire shopping strip

“FAMOUS FOR OUR 100% BEEF PIES”

“Commanding beautiful bay views”

Only 1 hour and 20 minutes, drive from Melbourne CDB

Rye is one of Victoria's most popular family holiday and weekend destinations

On the Mornington Peninsula

GENUINE REASON FOR SELLING

A great opportunity exists here for a highly motivated purchaser with great ideas to really enhance and make it “THE PLACE TO BE”

I Have started the process now needs you to finish it.

Opposite the Rye Pier and boat ramp adjoining huge carpark.

Directly opposite the two Annual Carnivals which are held at Christmas and New Year then return at Easter. These attractions bring many people to Rye and the beauty is we are directly opposite.

Only a few doors from the iconic Rye Hotel

Business is a double fronted shop sitting alongside quality restaurants gourmet take away food shops and ice cream parlors

Total café area is 95 square metres

Total bakery area is 90 square metres

Total courtyard area is 85 square metres

Total side access area to courtyard 36 square metres

Long history of success, was established in 1972

LEASE

5 Years with a further option of 5 Years

LEASE COMMENCED December 20th 2015 ends December 2020

Option of further 5 years to December 2025

- Landlord will agree to renewing lease to a 5 x 5 x 5 years

- Excellent Rent

Sale Price $195.000 WIWO

NOTE- A new development is happening outside our door and includes
PLAZA, MARKETS, RECREATIONAL AREAS, AND PARKING UPGRADES, AND ARE SPENDING 6.5 MILLION DOLLARS.

GENUINE INQUIRIES ONLY