Rye, Victoria 3941

Rye Bakery Café

For Sale | $195,000

Bakery Wholesalers

Undoubtedly the best located café on the entire shopping strip

"FAMOUS FOR OUR 100% BEEF PIES"

"Commanding beautiful bay views"

Only 1 hour and 20 minutes, drive from Melbourne CDB

Rye is one of Victoria's most popular family holiday and weekend destinations

On the Mornington Peninsula

GENUINE REASON FOR SELLING

A great opportunity exists here for a highly motivated purchaser with great ideas to really enhance and make it "THE PLACE TO BE"

I Have started the process now needs you to finish it.

Opposite the Rye Pier and boat ramp adjoining huge carpark.

Directly opposite the two Annual Carnivals which are held at Christmas and New Year then return at Easter. These attractions bring many people to Rye and the beauty is we are directly opposite.

Only a few doors from the iconic Rye Hotel

Business is a double fronted shop sitting alongside quality restaurants gourmet take away food shops and ice cream parlors

Total café area is 95 square metres

Total bakery area is 90 square metres

Total courtyard area is 85 square metres

Total side access area to courtyard 36 square metres

Long history of success, was established in 1972

LEASE

5 Years with a further option of 5 Years

LEASE COMMENCED December 20th 2015 ends December 2020

Option of further 5 years to December 2025

- Landlord will agree to renewing lease to a 5 x 5 x 5 years

- Excellent Rent

Sale Price $195.000 WIWO

NOTE- A new development is happening outside our door and includes
PLAZA, MARKETS, RECREATIONAL AREAS, AND PARKING UPGRADES, AND ARE SPENDING 6.5 MILLION DOLLARS.

GENUINE INQUIRIES ONLY

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Peter Hurrell



Marketing By


Peter Hurrell

Business Brokers Network

Overview

This Bakery Business is one of 41 businesses for sale in Frankston, Victoria, and one of 14 Bakery Businesses in this region that a business for sale currently has on offer. This Bakery Business is for sale in Frankston for the asking price of $195,000 and has been marketed for a while and is definitely worth another look as it is sure to be snapped up soon..