Freehold Package With Residence, Art Gallery Plus Studio, Granny Flat – Ballina, Nsw

Business For Sale Ballina, New South Wales 2478

Business Category Entertainment Tech Property Real Estate

Expressions of interest over $3.5 MILLION

Description

Freehold Package With Residence, Art Gallery Plus Studio, Granny Flat – Ballina, Nsw

Business ID BS154957 - 100M FROM BEACH – BEST COMMERCIAL GALLERY IN PROVINCIAL AUSTRALIA!

This is an amazing opportunity to buy a well-known Art Gallery and Residence in one of Northern NSW’s most iconic coastal destinations.

Established in 1978, the gallery offers a spacious display area – plus professional hanging and lighting systems – making it the best and most modern commercial gallery in provincial Australia.

Currently, the gallery features the work of different artists on consignment – as well as bronze sculptures by the internationally-known owner.

As part of this unmissable package, the owner is offering the buyer the copyright and distribution of his personal collection of bronze sculptures.

The collection comprises 60 individual pieces, and there is no limit to the amount of income that could be made from this collection!

· Sale includes residence, work studios, gallery, 5 courtyards, granny flat and parking area

· Work from home with no direct competition

· Located on a major coastal road in a very prominent tourist destination

· Very modern 3-storey residence – recently painted inside and out - new carpet in 3 bedrooms/main living area

· Trading hours and staffing up to the buyer – can easily be run by one person

· Run regular changing exhibitions or simply introduce new investment work on a regular basis

· Owner retiring and downsizing

The owner’s work is well known in Australia and overseas – and is featured in 16 Australian galleries, as well as Europe, England, USA, and Singapore.

Owning the copyright and distribution could represent a possible future return of $20m in sales – with the copyright continuing for 70 years after the vendor’s death.

The sale of the property has three distinct aspects, Firstly the real estate on its own, Secondly the real estate along with the fully operational gallery business, and thirdly the real estate, gallery business and the worldwide copyright for the sixty pieces in my collection with a seventy year duration after my death.

Expressions of interest over $3.5 MILLION

Property Code: 3608

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This business is somewhat unique and has no similar competition in this region, category or price bracket.


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Coast to Coast Business Sales
  • Coast to Coast Business Sales

Bsale ID: 626618
Broker REF: xcllusive_49_1102

Coast to Coast Business Sales
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