Fully Set Up Corner Bar & Restaurant with New Lease

Surry Hills NSW
Asking Price $45,000
Calling all experienced restauranteurs. This exciting leasehold opportunity is in Surry Hills with full street glass frontage is ready to open the doors. Currently not trading.  A fantastic business, licensed cafe, restaurant and bar opportunity located in the "hot spot" of the Inner city has all new set up & equipment.

Close to a large new development, Village by Toga bringing in hundreds of new residents to the area - Priced to sell at $45,000 all serious offers considered.

The leasehold and all its associated assets are now available to the market and would suit many business models as well as hospitality! Turnkey - The restaurant/bar has approx. $200K of new equipment and fit out renovations including a new POS machine. It also boasts a prime commercial corner location exposed to a substantial volume of foot & driver traffic daily and close to a very busy hotel, trendy restaurants and cafes.

High exposure landmark location - approx. 160m2

- New 5 + 5-year lease on offer. Rent $160,000 p.a. exc. GST, 4% Increases and a Security Bank Guarantee required, plus outgoings
- Unique & Innovative Designed building by Lippmann Architects
- Fantastic corner position with excellent street signage and visibility, Large floor to ceiling glass windows all around with indoor and outdoor seating
- Turnkey - Currently not trading so this is not a going concern and GST is extra and payable (which can be claimed back)
- Fully equipped kitchen with coolroom and freezer - Fully Licensed (on premise)
- A Hospitality buyer should have experience in the industry
- One parking spot included

Listing ID: NSW10653

Broker: Jan Forsyth
Phone: xxxxx
Email: jan.xxxxx

To find out more, press the "Enquire Now" button to complete an online confidentiality agreement.

Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.

Stock photo images may be used to represent the business on an unidentified basis. Purchasers are required to make their own enquiries in order to verify the information provided.

Keywords: Licensed Bar and restaurant, Cafe, Brilliant Corner Location, Turnkey, Surry Hills, Sydney, City Fringe, Cocktail Bar

Ref: NSW10653
Ref: NSW10653
Timestamp: 2023xxxxx
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