20 Mends Street, South Perth

Newsagency/Tatts

EXPRESSION OF INTEREST

NEWSAGENCY AND LOTTO

Mends Street News & Supplies also has a Lotto Agency. The newsagency has been in the same location for the last 50 years with a husband-and-wife team running the business for the last 16 years. The business has about 9 years left on the lease to continue the legacy.

The newsagency caters to locals, Perth visitors of the strip and tourists alike with 3 large display windows at the front and rear access to the carpark. The shop is a newsagency, that offers lotto, stationary, gifts, cards, wrap TransPerth SmartRider and more. The services include faxing, photocopying, dry cleaning and Bitcoin ATM.

Potential.
South Perth boasts a strong population growth and tourism with new residential apartments coupled with Airbnb and Stayz Apartments and Executive Apartments and a flourishing rental market. With a wonderful mix of residential and commercial areas coupled with parklands along the foreshore, it is not surprising that many want to call this affluent neighbourhood home.

Mends Street, South Perth is a small strip that probably has the best view in Perth. Walking down it towards the river, you'll see the Mends Street Jetty, the river with the Perth CBD on the other side and coming towards you, or just leaving, will be a ferry.

What they have done down on Mends St is fantastic! Money has been spent recently on this strip; new developments have modernised the street and the new arcades have an excellent choice of unique shops and gourmet food. A much-needed upgrade with so much to offer all in one place. Cafes, Restaurants, Boutiques, Gift Shops, Pubs & so much more. Not to mention the ferry stop at the end of the street. If you live here, you wouldn't need to go far for all your needs & as a visitor it has such pleasant surroundings.

LARGE SHOP FRONT.

STRONG LOTTERYWEST SALES.

ABOUT 9 YEARS LEFT ON THE LEASE.

EASILY MANAGED BY A SINGLE PERSON.

FULL TRAINING & HANDOVER PROVIDED.

LOYAL LOCAL REPEAT CLIENTELE/CUSTOMERS.

SECURE LEASE IN PLACE WITH VERY GOOD RENT.

POTENTIAL TO GROW THE BUSINESS WITH NEW ENRGY.

FANTASTIC LOCATION IN BUSY LOCAL SHOPPING AND CAFÉ STRIP.

SHOP WITH RENT AT $6,500 PER MONTH INCLUDING OUTGOINGS & GST.

SITUATED IN SOUTH OF RIVER WITH GROWING POPULATION, NEW DEVELOPMENTS.

SIMPLE EASY CLEAN BUSINESS IDEALLY SUITED TO SOMEONE WITH RETAIL EXPERIENCE.

WELL STOCKED SHOP SELLING LOTTO, CARDS, GIFTWARE, STATIONARY, NEWSPAPERS, MAGAZINES, TOBACCO, AND DRYCLEANING.