Property Details

453 Townsend Street, Albury

453 Townsend Street, Albury

For Sale $975,000.00 plus SAV -
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Famous in Italy, the registered “Nannini” trade name may be used by the purchaser under licence.

A lifetime dream for the present owner, the fully licensed 85 seat restaurant opened on the 1st of February 2019 with the premises being completely renovated from floor to ceiling including lighting, heating & cooling and security. All furniture and equipment which is included in the sale is brand new and of the highest quality and the state of the art kitchen installed includes a renowned Kumaforni rotating AGA certified wood/gas Pizza oven. Being situated in a prime CBD location and opposite Quest apartments not only has Nannini become a dining destination but represents a convenient walk to venue for city diners. The weekly rental is $1,250 plus GST, plus outgoings and a generous lease is being offered. There is also the opportunity for an ambitious operator to lease the adjoining premises at a negotiated rental and more than double the dining capacity.

Trading hours are lunch 12-2.30 and dinner 5-9.30 Wednesday to Sunday with the potential to also trade on Mondays and Tuesdays. The operation is currently staffed by recognised Italian chefs who would be happy to remain.

Some vendor finance may be available to an approved purchaser.

Situated in Australia’s strongest inland city and currently run under management this is an outstanding opportunity for an experienced couple or family to embrace this enterprise and take it to the next level

PRICE: $975,000 plus SAV

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Doug May

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With his excellent background in customer relations, contract negotiations and asset management, Doug has been able to successfully transfer and blend these skills and so many more into direct and positive results for his many clients. Doug is reliable, hard working and punctual.

Doug has been in the real estate ...