Document 1 - Property Partnership Australia

FOR LEASE
1
EXPRESSIONS OF INTEREST
15 – 23 Bligh Street, Sydney
Expressions of Interest
15 – 23 Bligh Street
Sydney NSW
2
EXPRESSIONS OF INTEREST
15 – 23 Bligh Street, Sydney
Prime northern CBD retail site in buzzing
F&B, retail and commercial office precinct
Prominent retail site in prime northern Sydney CBD location that enjoys high foot traffic.
Densely populated catchment comprising retail, commercial offices, and two five star hotels.
Strategically located on Bligh Street equidistant to Hunter and Bent Streets.
Opportunity to trade throughout the day and evening 7 days.
Dual frontage building with high footfall pedestrian link between Bligh and O’Connell Streets.
The tenancy is beneath a 26 storey office tower of circa 16,000 square metres which enjoys high
occupancy with good tenant mix.
The subject tenancy provides a total area of 202.3m² comprising shop area, balconies, outdoor
area and storage area.
Outstanding exposure with 20 metre frontage (approx) to Bligh Street.
Excellent signage with existing blade sign and multiple light boxes.
The property is located in a thriving precinct providing a vibrant mix of renowned restaurants
and bars, quality retail, two five star hotels and commercial office towers; namely;
The Wintergarden
Hubert
Balcon by Tapavino
Frankies Pizza
Flight Centre
Henry Bucks
Sofitel Wentworth
Rockpool
Spice Temple
Barrafina Tapas
Yellow Brick Road
Anthony Squires
Radisson Blu
Chop House
Izakaya Masuya
Roll’d
Janus
Eyes on Bligh
Bowrey Lane
White Rabbit
Flynn
Bijan Design Mens Suits
1 Bligh
& many more
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EXPRESSIONS OF INTEREST
15 – 23 Bligh Street, Sydney
LOCATION MAP
The
Winter
garden
1 Bligh
Australia
Square
Hubert
Balcon
Radisson
Blu
Frankies
Pizza
15-23
Bligh
Street
Sofitel
Wentworth
Chop
House
Rockpool
Spice
Temple
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EXPRESSIONS OF INTEREST
15 – 23 Bligh Street, Sydney
FLOOR PLAN & SCHEDULE OF AREAS
INDICATIVE ONLY - NOT TO SCALE
SCHEDULE OF AREAS
Shop 1
Enclosed Deck
Enclosed Deck
(A) Outdoor Area
(B) Outdoor Area
(C) Outdoor Area
Storage (basement B2)
TOTAL
142.3m²
7.2m²
7.3m²
8.2m²
7.0m²
11.5m²
18.8m²
202.3m²
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EXPRESSIONS OF INTEREST
15 – 23 Bligh Street, Sydney
EXPRESSIONS OF INTEREST – OFFER TERMS
The premises is being offered for lease by Expressions of Interest with an estimated Lease
Commencement Date of 1 November 2016 (subject to vacant possession).
Interested parties are to submit their lease offer to Property Partnership Australia by 4pm,
Thursday 23 June 2016.
1.
Premises:
Shop 6 and Storage Area
15 – 23 Bligh Street
Sydney NSW 200
Building also known as
6 – 10 O’Connell Street
Sydney NSW 2000
2.
Prospect:
3.
Concept / Business:
4.
Lease Commencement:
5.
Rent Free Period:
6.
Lease Term:
7.
Option Period:
8.
Gross Rental Offer:
9.
Turnover Rent:
10.
Rent Reviews:
11.
Outgoings:
12.
Bank Guarantee:
13.
Statutory Approvals:
The Lessee will prepare and submit at their cost all necessary
applications and drawings for the Statutory Approvals required to
operate their proposed business from the premises.
14.
Handover of Premises:
It is proposed the premises will be provided as a clean shell ready for
Lessee fitout. Final handover subject to negotiation.
15.
Lessee Works:
All work to the tenancy is the responsibility of the Lessee.
16.
Lease Incentive:
Contact Details
Property Partnership Australia
Suite 501, 147 King Street
SYDNEY NSW 2000
Phone: 02 9232 2099
Craig Hibbard
Mobile: 0449 554 886
Email: [email protected]
1 November 2016 (estimated)
$
Per annum + GST
The rental is inclusive of outgoings, however, the Lessee will be
responsible for all costs associated with the running of the business
from the premises. The Lessee will be required to pay all separately
metered or separately supplied charges or services supplied to or
consumed within the premises.
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EXPRESSIONS OF INTEREST
15 – 23 Bligh Street, Sydney
TENANT ASSESSMENT CRITERIA
To enable each proposal to be evaluated on a similar basis, we request each submission include
the following information:
Proposed Lessee
Current Activities
- Name (sole trader, partnership, public or
private company)
- Full description of current business operations
together with you history in the food and
beverage industry.
- Current trading name
- ACN details
- Business Address (including registered office)
- Length of time in business.
- Number of existing businesses.
- Telephone and e-mail address
Proposal / Financial Information
- Contact person
- A detailed proposal outlining the commercial
terms you propose for the tenancy – please see
Offer Terms overleaf.
- Names, titles and addresses of business
owners, Directors or major shareholders
Proposed Operation
- Full description of the proposed business
and/or products to be sold
- Detailed description of operational fitout and
estimated cost
- The premises is to be offered as a cold shell
ready for lessee fitout
- All services required to operate proposed
business from the premises
- Offers are being invited on a gross rent basis
plus GST.
- Estimated annual turnover for the first 3 years.
- What occupancy cost (percentage of rent to
turnover) does your business generally operate
at?
Additional Information
Any additional information that will assist your
application should be included.
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EXPRESSIONS OF INTEREST
15 – 23 Bligh Street, Sydney
EXPRESSIONS OF INTEREST CONDITIONS
The Landlord reserves the right not to accept any offer and, without limitation, nor is the
Landlord obliged to accept the offer with the highest consideration. The Landlord may, in its
absolute discretion, suspend or vary the lease process, negotiate with any party who submits an
Expression of Interest or with any other person, enter into a binding contract with any party at
any time during or after the closing of the stated Expression of Interest closure date and / or, at
any time prior to the exchange of binding contracts, may withdraw the premises from the
market.
The Landlord is not responsible for any costs or expenses incurred by any party in preparing and
lodging an Expression of Interest or in taking part in the above process, whether or not the party
is successful or whether or not the Landlord terminates, varies or suspends that process. No
offer will be deemed or regarded to be accepted, unless and until a legally binding contract has
been executed between the Landlord and the relevant party.
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EXPRESSIONS OF INTEREST
15 – 23 Bligh Street, Sydney
Disclaimer
This document has been prepared by Property Partnership Australia for advertising and general information only.
Property Partnership Australia does not guarantee, warrant or represent that the information contained in this document
is correct. Any interested parties should undertake their own enquiries as to the accuracy of the information. Property
Partnership Australia excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this
document and excludes all liability for loss and damage arising there from.
The opinions, estimates and information given herein or otherwise in relation hereto are made by Property Partnership
Australia in good faith and as far as possible based on data or sources which are believed to be reliable. The material
contained herein is not intended to substitute independent advice from a qualified professional person. Property
Partnership Australia expressly disclaim any liability and responsibility to any person whether a reader of this publication
or not in respect of anything and of the consequences of anything done or omitted to be done by any such person in
reliance whether wholly or partially upon the whole or any part of the contents of this publication.
This report must not be used in any form for any other purposes or be provided to any other persons except with the
prior written approval of Property Partnership Australia Pty Ltd.