Fully Equipped Hospitality Space for Lease Takeover (Elizabeth St CBD Hobart

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For Sale By Owner (Business)
 

Internal Ref: 118241003

Summary

A rare opportunity to take over a fully fitted-out food premises in the heart of Hobart’s busiest pedestrian mall. This is a lease and equipment only sale – no goodwill or business ...

Location Details

77 Elizabeth St

About the Business

A rare opportunity to take over a fully fitted-out food premises in the heart of Hobart’s busiest pedestrian mall. This is a lease and equipment only sale – no goodwill or business name included – perfect for operators looking to launch their own brand in a prime CBD location with minimal setup costs. The store is about 50 square meters.

Key Features

CBD location: Elizabeth Mall – high foot traffic, excellent exposure
Turnkey setup: Fully equipped with dine-in seating and commercial kitchen
Versatile layout: Suitable for dine-in, takeaway, or express formats
Separate storage: Additional nearby underground storage room available for rent if required

Lease Details

Term: 6-year lease from 1 January 2023 (expires 31 December 2028)
Current Rent (2025): Approx. $49,862.30 + GST per annum
Annual Increases: 3% per year (2024–2027)
Outgoings: Additional – available on request
Assignment: Subject to landlord approval

Included Equipment
Sale includes all essential furniture, appliances, and kitchen equipment for immediate operation: (may subject to change)

Front of House:

10 x Two-person dining tables with matching chairs
Wind-blocking entrance curtain

Kitchen & Storage:
Bain-marie (hot food display)
2-door upright freezer
230L upright vegetable fridge
2 x Underbench fridges
20L commercial deep fryer
2 x Commercial microwaves
1 x Regular microwave
Underbench commercial dishwasher

Technology (Optional Inclusion):

POS system
2 x iPads

A detailed itemised list is available on request.

The Phone Code for this property is: 69480. Please quote this number when phoning or texting.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

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