Cafe/Restaurant - Lower North Shore - MUST SELL

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Paul Harvey
 

Summary

Well-equipped cafe & restaurant site has a commercial kitchen, extraction & grease trap

About the Business

This well-equipped cafe and restaurant site has a commercial kitchen, extraction and grease trap. With its almost new fitout and outdoor seating this Milson's Point cafe/restaurant is ready for you to rebrand and start trading from day 1.

This is a non-trading asset sale. If you have a brand, or new concept, and you're looking for a harbourside location with convenient public transport, this could be the site for you.

- Asset sale only. The sale includes the equipment, fixtures, fittings and some furniture. It does not include the business name, goodwill, IP or social media accounts
- Outdoor dining area
- Almost new fitout
- Considerable outlay $1m+ on fit out including stunning bathrooms and full kitchen
- Full kitchen, extraction and grease trap
- 1+ yrs left on the lease with one 5-yr option (approx. $93k pa +GST +outgoings)
- Approx. 178sqm
- Handover available now, the owner is now trading at a new site

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

Lease Details
The 5 x 5 year lease commenced in May 2022. - 3% increases - A six-month bond is required.

Premises Details
Approx. 178 square metres. - Toilets, full commercial kitchen, extraction, grease trap, outdoor seating area.

Staff Details
N/A - Asset sale

Opening Hours
Current Trading Hours
6 days - closed Tuesday
Mon, Wed, Thurs & Fri - 11-3 and 5-9.30
Sat & Sun - 10-3 and 5-9.30

Opportunity
Move straight in, rebrand and trade from day one, in one of the most desirable suburbs in Sydney. With strong local and tourist trade this is a site not to be missed.

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