- For sale
For SaleDeadline Private Treaty 14th Jun 2022 16:00:00 (Unless sold prior)
Colliers New Zealand Ltd are proud to present this new trade retail investment to the market by way of Deadline Private Treaty closing 14th June 2022.
Leased to the well-known and reputable “Franklins Plumbing” business and located in arguably one of West Auckland’s most desirable developments, this opportunity is sure to impress.
Franklins Plumbing have committed to a 6 year lease from November 2021 with 2 rights of renewal for further 6 year terms and a net annual rental of $226,000 pa net. Franklins Plumbing is a proud family owned and operated business and have enjoyed supplying architects, homeowners, developers, builders and plumbers for over 65 years. They are well known in the industry and have excellent coverage across the North Island via their 13 locations.
Their Westgate premise is prominently located with a strong presence to passing vehicles on Kakano Road. The site is positioned within extremely close proximity to COSTCO, COSTCO Fuel, Mitre 10 Mega, Bunnings, Microsoft and next door to Burnsco Marine. Franklins Plumbing occupies a total floor area of 815m² which is comprised of a design showroom & trade centre. The new building enjoys a modern attractive façade with high grade polished concrete floors, air conditioning, a roller door for easy devanning of goods and 14 allocated car parks.
For further information or to arrange your inspection, please contact the sole agents.
Matt Prentice 021 464 904 | Craig Smith 021 490 580
Ref #: 20975642