Brand New Build Cafe in Highend New Residential Development

$650,000 + GST freehold $75,000 p.a leasehold

Description

Due for completion by the end of the year with residents in for January this development epitomizes the ultimate in living, every design detail has been sensitively crafted to ensure that your everyday lifestyle is truly enhanced.

This development is nothing short of breathtaking. Featuring world class amenities including a roof top infinity pool with views of the City and beyond, a rooftop retreat, an in house bar and lounge, it’s own movie cinema as well as a golf simulator and a state of the art wine cellar. The development also includes a number of commercial offices which are located on the same floor as the café.

Lease Info

Brand new 5x 5 lease with fitout contribution $75,000 p.a + GST

Trading Times

Monday to Saturday 7.00am-10.00pm Sunday 7.00am-8.00pm

Size of Premises

Totalling 82sqm with an additional 34sqm of external area and 2 undercover secure car space. The shop will be offered as a cold shell space which features 3 sides of exposure to natural light with floor to ceiling windows surrounding the tenancy, an internal disabled access bathroom, access to a grease arrestor as well as access to exhaust for food. As a retail premises, the hours of operation for the space can be 7am – 10pm Monday to Saturday and 7am – 8pm on Sunday or public holidays through a complying development certificate (CDC). With the increasing desire for developments around the immediate area, the idea an elegant yet stylish concept incorporating the approved hours would be highly desired by the occupants within the building as well as the surrounding catchment as there is very limited competition.

Opportunity

The opportunity is endless, make this brand new shell your own, either purchase or if you wish to lease the space then you get the bonus of the developers fitout contribution to make it your own. Capitalise on the wide catchment area that is under serviced along with the added bonus of the residents in this high end building. Offer catering and add a liquor license STCA and Liquor and Gaming approvals

Reference No: AMAG2065

Business Listed by

Paul Leach

Hospitality Consultant, Certified Exit Planning Advisor, Licensed Business Broker in NSW, SA, QLD, VIC @ GSE Hospitality Brokers

I grew up in the food business, my parents owned two very successful restaurants. I have fond memories of working alongside them from a very early age.

All through my school years I knew that I wanted to be a part of the hospitality industry and the day that I started at college could not come quickly enough. I spent three enjoyable years learning my trade and left college to join my parents in their second restaurant.

In 1992 my parents decided that the time was right for them to sell up and I felt it was also the right time for me to go out on my own.

In 1993 I opened my first Cafe called “Hogarth’s” and that is where it all began. Over the following 25 years, I built and sold nine food businesses. I loved every minute (well most of it) and learnt a lot about how the sale process works, I also learned some very valuable lessons.

I love the food industry and wanted to crack double digits and open shop number ten, unfortunately, the two things that I value the most in my life, my marriage and my health probably would not have lasted if I had done that so I called it a day

I always felt that there was a better way to sell cafes and food businesses and that is where the idea for GSE came from. My vision was to build a specialist firm of hospitality brokers that could make the sales process as straightforward as possible for the owners of hospitality businesses in Australia.

I am now using the experience I gained selling my own businesses as well as selling a lot of other people’s businesses to lead the team of very talented brokers at GSE.

I would love the opportunity to show you more about how the approach that GSE take can help you to sell your business for the price that you want and on your terms.

If you are looking for a specialist Hospitality Broker who has walked the walk and fully understands the industry and all of the nuances of the sales process then I would love to hear from you.

Request more Information about this business

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The Prospective Buyer of the Business agrees to be bound by this deed as follows: All information of a confidential nature disclosed to the Prospective Buyer (including to Agents, legal & other advisors) may not be disclosed to any other party prior to, during a subsequent to the entering into by the Prospective Buyer of a contract.

All records of the Business, financial, intellectual or otherwise are confidential and must remain so. This deed does not prevent any party from making a disclosure required by the law and does not include information normally in the public domain.

The Prospective Buyer acknowledges information supplied by GSE Business Consultants: Is provided by and on behalf of the Business Owner. Is not guaranteed by GSE Business Consultants and it shall be the responsibility of the Prospective Buyer to do whatever is reasonably necessary at its own expense to verify such information GSE Business Consultants are not acting as an investment or financial advisor.

The Prospective Buyer confirms GSE Business Consultants, having supplied the material requested by the Prospective Buyer does so as agent only and as such bears no responsibility for the accuracy thereof or any errors contained therein and the Prospective Buyer will not hold GSE Business Consultants liable for any loss or damage sustained with respect to reliance on such information.

The prospective buyer hereby agrees not to approach the landlord, property managing agent, any staff member or the business owner either directly or indirectly. When visiting the venue as a customer this must be done with absolute discretion.. Furthermore, the prospective buyer agrees not to discuss the sale of the business with anyone without first disclosing that person’s contact information to GSE.

All information and material provided under this deed will be returned, destroyed or otherwise dealt with in accordance with the Business Owner’s instructions if no contract is entered into. All contact with the business owner must be organised through GSE unless the business owner is advertising through The Six Steps to Sale Program offered by GSE.

The prospective buyer hereby accepts that their contact information may be shared with the seller of any business on which an inquiry has been made. GSE will not share the contact information of the prospective buyer with anyone outside of GSE with the exception of the business owner as referred to above.
In addition to accepting the terms outlined above, please be aware that by agreeing to the GSE Confidentiality Agreement, you also consent to receive marketing communications from GSE related to similar business opportunities. Your contact information may be shared with the seller of any business in which you express interest, as well as with GSE for the purpose of facilitating such transactions. Rest assured that GSE will not share your contact information with any third parties outside of our organization, except as mentioned above in relation to the business owner. Thank you for your understanding and cooperation in this matter.

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Sold/Leased

Sydney NSW