Inner City, VIC

YOGA STUDIO - SOUTH YARRA - $68K

**LEASE AND ASSET SALE**

Bright and Spacious Yoga Studio brilliantly located in trendy South Yarra. Featuring a beautiful light filled studio, flexible floorplan, state of the art infared heating, hardwood floors, full change rooms, light and airy reception/waiting area.


SNAPSHOT

- Established 5 years
- Stunning bespoke fitout
- Asking Price: $68K
- City of Stonnington Planning Permits in place
- Excellent lease and rental
- Available August 2018


LEASE
- Commenced 17 April 2017 for a three (3) year term
- One (1) further term of three (3) years
- Current Base rent $43,689 per annum
- Annual increases of 4%, market review at the end of each term
- Floor area: approx 220 sq/m
- 1 car park

STRENGTHS/ BENEFITS
- High profile location in South Yarra.
- Superb fit out, light and spacious
- Secure lease, excellent lease terms and costs
- Flexible Floorplan
- Ready to go, no planning or construction headaches.
- Perfect for a first time buyer or experienced operator looking to expand. No additional expenditure required

This business is currently sublet to allied health professionals who will vacate in August 2018. This is the perfect opportunity to start or expand your yoga/fitness business into South Yarra, at significantly less capital expenditure, time and planning contraints than starting a business from scratch.

Contact Lisa Horne of Boyd Ryan Business Sales & Consultants on 0422 860 790 for a confidential discussion about this business or register your interest by clicking on the 'Contact Agent' link on this advertisement and completing your details. Please quote reference BR1311

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