About the Business

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

This is a rare opportunity to acquire a fully fitted, licensed distillery and bar in the heart of Surry Hills. Offered as an asset and leasehold sale with no goodwill included, this turnkey venue features high-spec equipment valued at $347,500 across kitchen, bar, and distillery operations.

Holding a Producer/Wholesaler Licence with on-premises and takeaway authority, the site is approved for tastings, events, retail activations, and tours. With 200 sqm of internal space plus a 16 sqm approved outdoor dining area, seating is approximately 90 indoors, 30 outdoors, and an additional 20 in a private dining room.

Located in one of Sydney’s most vibrant hospitality precincts, the venue is surrounded by award-winning bars, restaurants, and cafés, with strong foot traffic and destination appeal.

Distillery-specific incentives include:

R&D Tax Incentive (Up to 43.5%) – Significant tax offsets for eligible production activities.

Annual Excise Remission – $350K (increasing to $400K), improving net margin and cash flow.

Together, these incentives represent over $500K in potential annual benefits for an incoming operator.

Lease Details
Lease Term: 5 years from 11 Jan 2023 to 10 Jan 2028

Rent: $220,000 + GST + Outgoings ($21,078/month)

Outgoings: Payable by tenant

Permitted Use: Distillery, bar, retail

Premises Details
Size: 200 sqm internal + 16 sqm approved outdoor dining (council permit)

Seating: 90 inside, 30 outside, 20-seat private dining room

Licences: Producer/Wholesaler Licence with drink-on-premises & takeaway

Staff Details
No staff to transfer with the sale; purchaser free to recruit their own team.

Opening Hours
Currently trading under flexible hours in line with licensing; new operator may set hours to suit business model.

Opportunity
Take over a fully operational, licensed distillery and bar without the cost, red tape, and delays of starting from scratch

Expand events, tours, and retail sales

Introduce new product lines or collaborations

Leverage over $500K in annual government incentives for production businesses

Weekly Rent Negotiable