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Lease opportunity next to a busy Chemist on a main state road in Sydney's South

SOLD

Liverpool, New South Wales

Lease opportunity next to a busy Chemist on a main state road in Sydney's South

Want to be part of a dynamic Sydney suburb with a mix of residential, and commercial developments a medical practice owner? The suburb/region just south of the Sydney CBD has one of the fastest growing populations in Australia with 25,000 homes built in last 3 years and another 15,000 ear-marked for the next 3 years. 

I am currently leasing a medical centre space which is fully fitted out from a fixtures perspective, with a long term lease available, right next to an established and busy pharmacy. This 253 sqm medical centre (see enclosed floor plan) is home to 6 consult rooms, 2-bed treatment room, dental room and received a new fit out in 2017. The practice has street front access (see photos), as well as access from the Pharmacy and has 10 designated parking spots.With a rental holiday on offer for the first 3 months, the clinic owner is somewhat negotiable with regards to the lease price and the terms. Currently he is seeking $120K ONO with a lease assignment available for 3.5 yrs and an option for another 5 years. The annual increase can be pegged at CPI or 3.5%, whichever is higher. With plenty of car parks available for practitioners and patients, this space is big! With rooms for 6 CR's, and a 2 bed tx room, you can become a 'one-stop-shop' for your patients, with room for an allied business next door! With DA approved, this space was previously operating as a 'mini-health hub' with 2x GPs working full time for about 10 years! The previous owners downsized their operations and took their plant & equipment with them when they relocated. As such, the new lessee will need to bring their own computers, phones, beds, chairs and medical consumables in order to start work. There are no staff remaining so you get to choose your team; both clinical and administrative. There are contact details available to the new lessee for 17,000 patients of which 4,000 were active at the practice when the last GPs were working. It would be just a matter of contacting the data base by email or text to let them know that there is another GP onsite to get the place 'bustling with business' again, with some marketing out the front; advising that the doors are open and GPs are onsite! 

The landlord is able to support the application for a loan if required by offering the equity that is held in the $700K fit-out that took place more than a decade ago. The space is 260m2 and there is a 100m2 space next door that would be of interest to an allied health provider. Site visits to this practice can be arranged at a mutually convenient time. The chemist landlord will be onsite for a meeting and showing each Tues and Thurs afternoon so ideally, site visits can take place then. 

In general terms the outgoings figure is around $70k x 0.35 ( being 350 m sq vs our 1000 m sq on grade ) so approx $24,500 for land tax and insurance plus about $5,600 for water and rates, means annual outgoings are about $30K.   . 

If you are interested in hearing more about this practice, please email sally.stuart@linkbusiness.com.au or call on 0437 082 045 for a confidential conversation.

To enquire on this business visit www.linkbusiness.com.au/​NSW06688  and click on "enquire now"
Ref: #​NSW06688
Note: The purchaser to make his/her own investigations and enquiries in relation to the business and not to rely upon warranty or statement made by the vendor or by anyone on his/her behalf.

 

 
Ref: NSW06688
Timestamp: 20200523100051

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Last updated: 24th May 2020

Summary

Property Type
Business
Contract Type
Sold
Location
 Liverpool
State
 New South Wales
Price
SOLD
Category
  • Medical

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