Margaret River Recreation Centre Café Lease

Proposed Disposition of Land - S3.58 LGA

Margaret River Recreation Centre Café – 51 Wallcliffe Road

The Shire advertised for expressions of interest from suitably qualified and experienced parties for the fit-out and operation of the Margaret River Recreation Centre Café on 3 April 2023 and 21 June 2023. The Shire received a submission from Freddy Reidy and Holly-Ann Romaior and proposes to enter into a lease over the Margaret River Recreation Centre Café. 

The details are:

1. Description of Property: Part of 51 Wallcliffe Road, Margaret River – Margaret River Recreation Centre Cafe
2. Details of Disposition:

a) Names of the parties: Shire of Augusta Margaret River as Lessor and Freddy Reidy and Holly-Ann Romaior as Lessee.
b) Consideration: Base rent to be paid by the Lessee is $25,000 per annum plus GST and outgoings with annual rent reviews.
c) Lease term: 5 years plus further option of 5 years. 
d) Market Value of disposition as determined by an independent valuation dated 30 April 2024: $25,000 per annum excluding GST and outgoings.
e) Otherwise on standard commercial lease terms. 

Submissions are invited to the Chief Executive Officer, Shire of Augusta Margaret River, PO Box 61, Margaret River, WA 6285 or sent via email to [email protected]  by 4pm Monday 17 June 2024.

Arthur Kyron
Chief Executive Officer