About the Business

Located in the heart of Surry Hills on highly exposed Bourke Street, this fully licensed hospitality venue is offered on a Walk-In Walk-Out (WIWO) basis and includes a contemporary fit-out, commercial kitchen, liquor licence and quality infrastructure. A rare opportunity to establish your own concept in one of Sydney's premier dining and entertainment precincts.

Key Features:

- Premium Bourke Street Surry Hills location with exceptional exposure

- Positioned near the iconic Beresford Hotel, benefiting from strong day and night foot traffic

- Approx. 160 sqm hospitality premises

- Seating for 45 patrons indoors plus up to 60 alfresco

- Existing concept generating approximately $1.3 million annual revenue

- WIWO sale including fit-out, infrastructure and operational assets

- Fully equipped commercial kitchen with substantial storage facilities

- On-premises liquor licence for up to 100 patrons

- One dedicated on-site car space included

- Flexible use suitable for restaurant, cafe, wine bar, casual dining, or hospitality concept

- Trading approval to 11pm

- Lease commenced July 2024 with term through to July 2030

- Two further 5-year lease options available

- Rent only $15,345 per month plus GST (including outgoings)

- Fixed annual rent reviews of 4%

- Supportive landlord and favourable lease structure

- No specific cuisine restrictions, subject to landlord approval

- Premium infrastructure significantly reducing establishment costs

An Ideal Opportunity For:

- Owner-operators seeking a flagship Sydney hospitality venue

- Restaurant groups expanding into the inner-city market

- Cafe operators seeking a high-profile location

- Wine bar and licensed venue operators

- Franchise groups seeking a ready-to-go site

- Experienced chefs launching a new concept

Significant upside exists through extended trading, enhanced beverage sales and a fresh hospitality offering. With replacement fit-out costs likely far exceeding the asking price, this represents an exceptional opportunity to secure a premium, fully licensed hospitality venue in one of Sydney's most desirable dining precincts.

If you would like to know more about this business, please complete our online confidentiality agreement here: https://www.abbabusinesssales.com.au/ca-forms/ca-form-1444
or visit our website at www.abbabusinesssales.com.au and use the reference #1444 to search for the business.

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