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Unique Business & Versatile Retail Shop on Prime Location for Sale in the heart of Ballarat CBD FOR LEASE

29 Armstrong Street North Ballarat Central VIC 3350
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  • 300 Sq m

Property Description

Goldfish Real Estate Ballarat is delighted to present this versatile freehold retail shop for sale in Armstrong Street North’s Retail Precinct, Ballarat CBD with a unique and admired business running successfully for more than 28 years by the same owner without taking advantage of social media and technology. This strategic location offers rare opportunities for young entrepreneurs, investors, and future retail occupiers to secure a prime retail space at a price point rarely offered to the public market for Ballarat CBD retail. It’s a WIWO (Walk In & Walk Out) and the current owner is happy to train purchasers to take this legacy to next level of success and growth locally and nationally.

  • Ballarat Central location 
  • Successful Running Business for 28 years 
  • Impressive Return on Investment (ROI
  • Approx 300 square metres* retail space

PROPERTY’s KEY FEATURE AND HIGHLIGHTS:

  • Spanning a total area of 300 square metres* offers to acquire a running Lotus Oils business with the site; 
  • Double story building, the ground floor for retail, and the first floor has one therapy room and open space for storage & rehearsal space access from inside and the back yard;
  • A modern and huge retail space with storage, work lab, kitchen, one toilet, and storage garage; 
  • Area average rental income is approx. $300.00 PSMPA; 
  • Positioned within the CBD’s main retail hub where all the anchor stores such as Myer, Rebel, Harris Scarfe, Big W Target, Coles, Woolworth, Dan Murphy, famous food precinct, and Cafés;
  • Walking distance to State Govt Offices, Council Offices, Ballarat Hospital, and Ballarat Central train station; 
  • 1 Hr Free Council Parking at the front and 6 Private Car Parks at the rear.

Do not miss your opportunity to secure an expansive retail investment offered at an attractive entry-evel price point!

Sale - Brand & Business

Summary 

Lotus Oils is a proudly local brand running successfully for the last 28 years in the city of  Ballarat, one of the fastest-growing regional towns in Australia. The population of this area is rapidly growing in house and business prices. 

About The Business

Operating successfully for over 28 years, this is an incredible opportunity to take over a unique business with a great social impact. Lotus Oils is a proudly local brand that specialise in handcrafted and chemical-free natural care products, gifts, and essential oils retail store. It is a unique store, calm and welcoming with a quirky cottage-type feeling. It offers the largest range of handcrafted and chemical-free essential oils and has always been known to have the highest quality products, mainly essential oils, body care products, skin care, and pain relief. It is a natural, eco-friendly, plant-based healing and calming remedies. 

  • Prime location in the heart of Ballarat CBD;   
  • Demonstrated profitable business with stable income; 
  • Regular & reliable customer base;
  • Same ownership for 28 years 
  • Very stable and has potential for growth;

For more information, information memorandum, or a private inspection, call  Subhash on 0423 916 840 or Jitender on 0430 381 816;

Please see the below link for an up-to-date copy of the due diligence checklist: http://www.consumer.vic.gov.au/duediligencechecklist 

DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent *Images for illustrative purposes only*

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