Collins Street's Hugo's Expresso premises listed through Savills
Joel RobinsonDecember 7, 2020
Savills are marketing the Collins Street premises of Hugo's Expresso.
The popular cafe has been located at shop 3 at 601 Little Collins Street since 2009.
Hugo's has a 10 year lease with two five year options to 2029.
There's been a brand new fitout on the space which currently returns just over $62,000 per annum, with five percent annual increases.
Savills agents Benson Zhou, Nick Peden and Dorothy He are marketing the shop as a high profile ground level CBD retail property.
Joel Robinson
Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.