Commercial Café in Historic Terrace Overlooking Pacific Park and Newcastle Beach

30 days ago

Private Seller

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Summary

Cafe/Restaurant assets and fit outs For Sale 100 mts from Newcastle Beach, NSW, 2300 Unfortunately for to travel reasons we have to sell our cafe

Revenue

$10,000 pw

Rent

$550 pw

Expenses

$600 pw

Location Details

Newcastle
Only 100mts from Newcastle Beach
Pacific Park overlooking

Potential

It can run as a cafe, Restaurant and Take away due to apartment in the area and the distance to the main beach

Lease

2+ years of lease with option to renew

Employees

We have 4 casual employees well trained and reliable

Reason for Sale

We have the need to travel overseas for personal reasons

About the Business

It has a wide range of customers dependind the day amd the time. We have many loyal customers and great reputation and it is the meeting point of many groups.
It is growing week to week dinner services getting good reputation in the area.
It has growth potential for opening more nights
Street dining is approved through Newcastle City Council. The area has been previously approved for the last commercial tenancy. The property also features rear lane access. The premises is in the popular suburban EAST END commercial centre of Newcastle CBD and only metres to Newcastle Beach and exhibits quality foot traffic across the week which is important for any budding business

History

This unique opportunity provides the new proprietor a space that is perfectly set up for hospitality use.

Previously been operating as a popular Newcastle Takeaway or fish and chip shop over the years or more recently operated as a café with takeaway options. Low set up requirements as the property comes equipped with commercial kitchen and appliances which include large cool room, cooktops, fridges, freezers, shelving, outdoor furniture and more.

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