704 Pollen Street, Thames

GRAHAMSTOWN COMMERCIAL INVESTMENT

$600,000 + GST (if any)

Set in the historic and trendy Grahamstown area of Thames the Embassy Picture Theatre building is now available for purchase. A 4 year lease with 2 further terms of 3 years each is in place and is showing an 8.6% return (@ asking price). 1998 saw a major internal refit when 3 theatres & cafe were created and there is now the opportunity through this cafe area to possibly increase the income. $600,000 + GST (if any)

Philip Judd / Licensed Branch Manager
Thames Team
Mobile: 027 449 7132
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Particulars

Address:
704 Pollen Street, Thames
Price:
$600,000 + GST (if any)
Listing ID:
RT4438
Type:
Hotel/Leisure/Tourism
Land Area:
658 m2