The 97.2 sq m unit is part of a Mixed Use building with a separately accessed residence above that is not for sale. A bricked pathway, courtyard and mature trees add personality to the property.
Press says the retail premises have been independently assessed as having a potential net rental of $33,397 plus GST per annum.
"This property would be ideally suited to office or destination retail use and because they are retiring, the owners say the Cherry Orchard Antiques business brand, supplier and customer data base are also for sale."
He says as the retail unit has been occupied by "house proud" owners for the past 15 years and has been well looked after and maintained.
"The building was constructed in the 1990s and is a good example of modern retail premises that work well in the Tinakori Road character context.
"Echoing the traditional architecture of Thorndon, the ground floor space has substantial character-styled doors and large, almost floor to ceiling, retail-front windows.
"The unit has the potential to be split into two separate units so a new owner could feasibly occupy all - or just some - of the space."
Press says a property investor could take heart from the fact that Thorndon, and Tinakori Road in particular, is highly sought-after by boutique business tenants.
"Thorndon has direct links to Wellington's early settler history and it has tenaciously survived the growth of the city and motorway development while retaining a certain quaintness," he says.
"With Katherine Mansfield's former home and the prime minister's official residence Premier House within the neighbourhood, Thorndon has strong underlying credentials which endear it to business operators."
