Ampol Tumbarumba Petrol Station & Convenience Store with Workshop/Shed, Tumbarumba NSW 2653

A great opportunity to secure an investment property  with a strong tenure and experienced and financially secure tenant. 
Positive lease terms for landlords benefit.
Long Lease, Fibreglass Tank, High Annual Increases.
Longstanding business for decades in this lovely town. And business is still going strong.

Ampol Tumbarumba Petrol Station & Convenience Store with Workshop/Shed
Land Size –   2,937 Square Metres
Population :  2,245 in Year 2021 - Population Growth over last 5 years.
Asking Price - $1,700,000.00 - $1,800,000.00  – No GST Applicable – Or best nearest offers.
New Lease commenced 2024 – Business  has been big part of the town for decades.  

Lease Terms:
Rental of $136,620 Per Annum Plus GST and Outgoings
Annual Increase of 3.5% Plus GST

Next Annual Increase in May 2026 - to $141,401.70
Outgoings include – Council Rates, Water and Building/Contents Insurance and Public Liability
Lease Term 15 Years commenced 27th May 2024 to 28th May, 2039.
Plus Further Options of 5 x 5 x 5 Years till 2054

Rental Security: 
·         Rental Bond 3 Months Rent  And One Months Rent in Advance.
·         The Tenant/Director is a Personal Guarantor for the lease. And is a landowner with strong financial and residential ownership and security. 

Satisfactory ESA from 2024 available.
Tenant monitors fuel infrastructure daily  with daily dips and SIRA reports and tenant is responsible for all maintenance, repair of all aboveground equipment.

Current tenant is an experienced multi site owner with secure financial and business experience operating petrol stations for a number of years in Victoria and NSW.

3 Tanks On Site
1 x Aboveground Deisel Tank – Certified and Bunded Tank Installed 2010
1 x Underground Fibreglass Tank – 40,000 Litres with compartment for 3 Fuel Products. Envirotank installed 2013. With 30 Year Structural and Corrosion Warranty.
1 x Deisel  Steel Tank 11,000 Litres
Large Shed/Workshop  and Water Tank Included

For Contract and Lease information please contact Fay Medawar