78-80 Tancred Street, Ashburton, Canterbury

A great opportunity to acquire a large slice of commercial real estate right in the heart of the Ashburton town centre. This expansive property comprises a large building footprint of approximately 750m2 with endless potential for a business or investor to establish a strong presence in a central retail location. The generous sized land holding of 1,164m2 is comprised of two titles with a right of way access for convenience of loading goods off street to the rear of the property. The building has been future proofed with seismic strengthening to greater than 67% NBS. The current building configuration comprises two separate tenancies with one lease in place and the second tenancy has been fitted out for hospitality with a generous sized facility incorporating kitchen and bar facilities along with a secondary function room. A property like this is seldom available providing a rare opportunity for an astute investor. Alternatively the existing commercial space could be reconfigured to suit a new business opportunity. An inspection is encouraged to appreciate the scale and opportunity. Enquire for a detailed Information Memorandum.