Summary
Fully fitted premises with indoor and outdoor seating, long lease in place, and strong future growth driven by Sydney Metro and Fish Market redevelopment.
Rent
$71,725 pa
Location Details
Prime inner-city location in the heart of Pyrmont, close to Darling Harbour, The Star, ICC Sydney and the Sydney Fish Market. High foot traffic with excellent future growth from major local redevelopment projects.
Potential
Opportunity to increase revenue by expanding trading hours, introducing additional menu offerings, strengthening social media marketing, and maximising the use of the upstairs dining area and outdoor courtyard. Future growth is expected from the Sydney Metro Pyrmont Station development and surrounding residential expansion.
Skills
The sale is subject to landlord approval of the lease assignment. Prospective purchasers should be able to demonstrate appropriate financial capacity and/or relevant hospitality experience.
Hours
Thursday – Monday
5:30pm – 9:30pm
Lease
Lease term: 16/11/2025 to 15/11/2030 + Five years option
Annual rent increase: 3%
Employees
0
Reason for Sale
After many years of operating the business, the owners are looking to relocate and pursue a smaller lifestyle-oriented hospitality venture interstate.
About the Business
Located in the heart of Pyrmont, this fully fitted hospitality venue is currently operating as a Japanese restaurant and offers an excellent opportunity for an owner-operator or hospitality group.
The premises feature approximately 16 seats on the ground floor, additional upstairs dining space, and a rear courtyard area, providing flexibility for a variety of hospitality concepts including restaurant, café, takeaway, bar, or specialty food operations.
Positioned on busy Harris Street, the venue is surrounded by residential apartments, offices, hotels, and major tourist attractions including Darling Harbour, The Star and the Sydney Fish Market.
The area continues to benefit from significant infrastructure investment and population growth, including the upcoming Sydney Metro Pyrmont Station and the redevelopment of the Sydney Fish Market precinct.
The business is currently operated on limited evening trading hours only, offering potential for growth through expanded trading hours, lunch service, delivery platforms, and enhanced marketing initiatives.
The sale includes a fully fitted commercial kitchen and existing hospitality infrastructure, allowing a new owner to commence operations with minimal additional investment.
Further details are available to genuinely interested purchasers following inspection.
History
Established in 2021 and operating continuously as a Japanese restaurant in Pyrmont. Owner-operated business serving local residents, office workers and visitors to the area.
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