Price on Application

40 King Street, KINGAROY QLD 4610

Price on Application

40 King Street, KINGAROY QLD 4610

Share this listing

QUALITY FREEHOLD PROPERTY with a long established business as occupant

The Freehold:
The business occupying the property is a 76-year-old Kingaroy iconic produce business (ANDERSONS PRODUCE) only a few hundred metres from the CBD. It is established on 3 Lots – the Produce Store on one portion being 1012 m2 and the Landscape Supplies is on the other two portions covering totalling 2024 m2. Access is brilliant as it has double street frontage enabling drive through service. The main produce building is over 400 m2 under roof approx. and has an office, kitchen area and a dedicated equine supplies area.
The Area:
Kingaroy is the major centre in the renowned South Burnett region. It is approximately 210 kilometres (130 miles) or about 2½ hours drive north-west of Brisbane. It is famous for peanuts but has a strong economy from many other rural industries including grain, beef cattle, pork, dairying and citrus. Tourism is a factor which is helped by wineries in the region. Kingaroy enjoys a nice climate and is steadily growing. Established lifestyle blocks and hobby farms are a major part of Andersons Produce clientele.
The Business:
Andersons Produce is a produce store and a landscaping supplies business. It is not part of a national franchise chain so it can act independently and therefore can offer more personal and specialised service to their large customer base. For example, they are the only produce store in Kingaroy to sell turf, above ground pools, point of lay chickens, and equestrian lines. Also, offering extensive landscape supplies complements the produce segment and adds synergy to the business. They are part of a buying group (Tuckers Pet and Produce) and were awarded “Queensland Store of the Year” in 2019 for Customer Service & highest growth which was a major accomplishment.
NOTE: The sellers of the Freehold also own the Business – so a sale of the property only will require the setting up of a Lease. Andersons Produce is also for sale so there is an opportunity to purchase both.
For more detailed information or to arrange an inspection please contact the exclusive listing agents.
David Allen : 0417 622 717 Roger Foxton: 0419 778 305
david@wireproperty.com.au roger@wireproperty.com.au
: INSPECTIONS BY APPOINTMENT ONLY

Location

Share this listing

Property enquiry form background image

Property Enquiry

Request submitted!

Something went wrong.