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ID#218667
Onekawa
Napier
$1,500,000 + GST (if any)
0
0
854m²
(9,192.37 sq.ft.)
5,145m²
(55,380.27 sq.ft.)
proudly marketed by
David Thomas AREINZ
Commercial Manager - Harcourts, Regent Realty Ltd MREINZ
Industrial Investment - Established Tenant
* Long established Tenant - National profile
*12 yr Lease commenced 1st April 2006
* Two four year Rights of Renewal - expires 31 March 2026
* Current rent $152,040pa + GST - reviewed 1 April 2011 (next review 1 April 2012)
* 5,145 m2 Freehold site
The Tenant "The Goodtime Food Company" was founded in 1978 and is still in the same family ownership today, backed by a dedicated and immensely experienced team that takes pride in supplying the best bakery products in New Zealand.
This modern food processing complex is situated on a freehold site in a no exit cul de sac located in the main industrial area of Napier, situated 4.5 kilometres from the CBD. The complex comprises; factory processing, storage and modern well appointed office block with reception area. Plenty of scope for future expansion on site.
An investment sure to attract keen interest.
Very motivated Vendor wants this SOLD
Call now for further information
Floor Area 854 sqm
Land Size 5145 sqm
Tenure Fee Simple
Property Type Other (Manufacturing), Tenanted Investment
Property features Building name: Goodtime Foods
Tenancy 1 Tenant Name: The Goodtime Food Company Ltd, Rental net/gross p.a.: 152,040, Term (years): 12, Commencement Date: 2006/04/01, Expiry date: 2026/03/31, Review Dates: 2 yearly at CPI, Rights of Renewal: 1/4/2018, 1/4/2022
Agent
David Thomas AREINZ
Commercial Manager - Harcourts, Regent Realty Ltd MREINZ
Licensed Real Estate Agent (REA 2008), Member of the REINZ
David joined Harcourts to manage the Commercial Division in Hawke's Bay after specialising in selling commercial property during the past fourteen years and gaining an excellent reputation within the industry and with clients. Having lived and worked in Napier for the past 55 years, most of his working experience has been involved with Customer Service, predominantly in the retail sector. During the previous 13 years he, along with his wife Margaret, operated his own businesses. David joined the Real Estate Industry in 1998 selling residential property and immediately made an impact with numerous company awards. He started specialising in commercial and business sales in 1999 where he quickly developed a reputation for his honesty and getting results. In 2000 David graduated from an Auctioneer's course in Auckland tutored by one of New Zealand's top Auctioneer's, Mark Sumich. He moved into Branch Management in 2002 and in 2006 attained his AREINZ qualification and was immediately appointed the Pricipal Officer for the company he was working for. During 2007 David was elected to the REINZ Hawke's Bay Committee.
read moreThis property was photographed by
Leanne Collins
Media Specialist
Hawke's Bay Photographer Franchisee
ID#218667
Onekawa
Napier
$1,500,000 + GST (if any)
proudly marketed by
David Thomas AREINZ
Commercial Manager - Harcourts, Regent Realty Ltd MREINZ