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Expression of Interest now open for up coming Piccolo Me Cafe site in Adelaide
Summary
Adelaide CBD hospitality site with liquor licence in a proven high-foot-traffic location. Lower operating costs than Sydney/Melbourne, new lease available, and suitable for multiple concepts (STCA).
Location Details
33 Wright Court Adelaide SA 5000
Prime Adelaide CBD location in a busy Asian precinct, directly opposite Supermarket with strong daily foot traffic. Surrounded by residential, and dining, offering consistent dine-in and takeaway demand. Suitable for hospitality or other uses
Reason for Sale
The owner is relocating interstate, creating an opportunity for a new operator to take over and continue or reposition the business.
About the Business
This is a well-established and fully operational hospitality venue located in a prime Adelaide CBD position within a busy and highly recognised Asian precinct. The business benefits from strong fundamentals, including consistent foot traffic, a loyal customer base, and a strategic position directly opposite a major Asian supermarket, which acts as a key driver of daily customer flow.
The premises comprise approximately 100 sqm with an efficient and functional layout, designed to support a wide range of food and beverage operations. It is currently fitted with a fully equipped commercial kitchen and service area, allowing an incoming operator to commence trading immediately without the need for significant additional capital expenditure.
A liquor licence is in place, providing additional flexibility and revenue potential for operators looking to run a restaurant, bar, or hybrid concept. The venue has been operating successfully and has established recognition within the local community, supported by both dine-in and takeaway demand.
The landlord is supportive and open to negotiating a new lease, offering long-term security and stability for the incoming tenant. Combined with relatively low outgoings compared to larger eastern states markets, this creates an attractive operating environment with controlled overheads.
This opportunity is well suited to experienced hospitality operators, owner-chefs, or investors seeking to expand into the Adelaide market. It also presents strong potential for rebranding or concept change, with the existing infrastructure adaptable to a variety of cuisines or alternative uses (STCA).
The business is currently trading, and all inspections are strictly by appointment. Further details, including financial information, will be made available to genuine and qualified buyers upon request.
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