About the Business

This is a genuine opportunity to secure a long leasehold in the Sydney CBD with a hotel licence across three levels.

Positioned in the heart of the CBD, this site has built its name around late night energy, corporate functions and large scale events. Two levels allow you to operate a restaurant service downstairs while hosting private functions upstairs, or activate the entire venue for major nights and ticketed events. In addition, a basement level provides storage and preparation facilities, including a kitchen, coolrooms and staff rooms.

Highlights:
- Completely fitted out Sydney CBD hotel and bar with a rare late night licence, primed for relaunch and growth.
- Valuable 2am hotel licence with the ability to extend to 4am, plus live music approval.
- 350 patron capacity across two fully fitted levels, with an additional basement level for preparation and storage.
- Secure 10 year CBD lease at $40K + GST per month, with 4% annual increases.

The venue is currently open for events only, with the main business on hold, providing an incoming operator with a clean slate. Relaunch it as is, reposition it to suit your brand, or take it in a completely new direction. With extended trading approval and a blue chip CBD address surrounded by major office towers and premium hotels, the fundamentals are solid. Late night approvals of this calibre are tightly held and rarely come to market.

Opportunities of this size and licence in the Sydney CBD do not come around often.

Listing ID: NSW12130

Broker: Gregory Anderson
Phone: +61 2 9899 1999 / +61 402 991 255
Email: [email protected]

Note: Some details of the business for sale are confidential. Disclosure is subject to completion of a Confidentiality Agreement and at the vendor's discretion.

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