KENDENUP STORES - Business Closed - Selling Building

KENDENUP STORES - Business Closed - Selling Building

Preview Listing
Preview Listing

Location Details :

Country

Australia

State

Western Australia

City

Kendenup


Industry :
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Financial Details :

Revenue

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EBITDA

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EBITDA multiplier

-x

About the business

Phone enquiries - please quote property ID 11018



An opportunity to purchase the KENDENUP STORES building in the ever growing community of KENDENUP in the SHIRE OF PLANTAGENET.

This business is now closed but the building and shed are for sale.

This is a freehold purchase $290,000 psav. No Lease.


Established since 1921 and had been run by the same family (two generations), since 1960. Kevin and Sue Smithson have now retired.


THE FREEHOLD ASSET:-

The original brick building, was built at the height of the Kendenup's development boom. It has been extended to an area of 224 square metres. Set on a quarter acre block, the building has plenty of parking at the door and there is a small office and a 90 square metre storage shed.

Included is a cool room with four glass doors, two freezers, a meat display refrigerator, two ice cream freezers.

THE LOCATION:-

A sought after country location in the lower great southern of Western Australia is a wine, olive and farming district with school and many facilities, only 1 hour (80km+) to Albany and many coastal beaches. While many small country towns battle to retain population and services, the small town of Kendenup just north of Mount Barker is bucking the trend. It has been constantly growing over the last few years, and is a thriving community with good services, schools and amenities.

SUITABILITY:-

Ideally suited as a family run business or motivated husband and wife team.

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