These clients are the founders of one of Australia’s most respected national food businesses. We have been appointed as their NSW commercial Buyer’s Agents and Leasing Agents to assist with the national roll out of their newest venture.
Over the next few years, we’ve been tasked with sourcing, negotiating on and purchasing all of their NSW storefronts and business locations.
To begin, we set out to find the perfect high-foot-traffic location to showcase their new brand.
In today’s market, this particular type of commercial property is extremely rare and in high demand.
After spending some time inspecting multiple properties, both on and off-market, we soon came across this impeccably located Newtown building. It was listed for lease – but we immediately approached the leasing agent to explore the possibility of buying the property.
It was then we learned that the property was about to be listed for sale by auction.
Once a contract of sale was drafted, we commenced our analysis and due diligence. It was during this process that we uncovered a section of the contract that required urgent review and negotiation.
After working through the required changes at length, we made a strong offer and secured the building prior to auction for our clients.
This inner-west property offers our clients a genuinely ideal business location for their new venture. Plus, they now have the added bonus of a privately accessible three-bedroom residential investment property above the shop.
If you’re looking to buy commercial property in this market, get in touch with Greg Cromie at Rose & Jones today.