About the Business

Business ID XB163628 - LEASE TAKEOVER AND URGENT ASSET SALE – JUST $20,000!

This is a once-in-a-lifetime opportunity to launch your own hospitality venue for a fraction of the usual set-up cost!

Located in one of Sydney’s coolest inner suburbs – on busy King Street – everything is in place and ready for a new owner. With Newtown’s growing population and popularity, there’s increasing demand for fresh food and beverage outlets – be quick or you’ll miss out!

· Approved land use as a ground-floor food and beverage venue in a B2 Local Business Zone

· Currently not trading but ready for a new operator – lease to be transferred

· Located on a main arterial road, close to public transport (major bus route and Newtown Station)

· Just 10 minutes from Sydney CBD by train – close to other vibrant suburbs like Surry Hills and Kensington

· Surrounded by ‘shop-top’ residential accommodation – opposite a performing arts school

· Approx. 120 sqm floor area with grease trap and liquor licence in place

· Fully equipped and well suited to a variety of commercial uses

· Potential for all-day trading, including breakfast service

· Huge demand from locals and visitors for breakfast, lunch and dinner

· Seated dining venue aligned with Newtown’s lively nightlife

· Assets priced well below the cost of setting up from scratch – includes fridge, freezer and cool room, grill, oven, burner stove, wok burner, rangehood, fryer, dishwasher, stainless steel benches, double sink, soup boiler, pasta cooker, tables and chairs

· Very motivated seller – all offers will be seriously considered

Newtown is renowned for its eclectic mix of vintage shops, arts venues and vibrant hospitality scene. These premises are within the building envelope and approved footway area, ensuring maximum exposure to both vehicular and pedestrian traffic.

PRICE: $20,000 – ALL OFFERS CONSIDERED