Want to create your own café restaurant in King Street Newtown – look no further! This has it all and is priced as less than fit-out cost:
- Prime position in the golden mile of King Street Newtown nestled in-between Missenden Road and the Five Ways. Very high Foot traffic, vehicular traffic and a destination for locals and visitors. Bus stop and parking right at the front. It has been a restaurant for over 30 years.
- Exceptional lease – 3 years left PLUS a further 5 year option; 4% annual increases with the possibility to extend the lease further!
- Excellent rent – circa $2,100 plus GST TOTAL occupancy
- Comprehensive Fitout – Full commercial kitchen with walk in Coolroom; seats 80 and fully licensed
The current Asian inspired business is turning over $18k per week with only 36 operational hours per week – the ability of the business to perform and the attractiveness of the location is unquestionable. The question is if you would like to continue the current operation or change it to your model and desire – the decision is yours and at the asking price, it is not an issue either way. Make an offer, the Vendor is open!
The opportunity here is to capitalise on the location, its history and the existing customer base. Extend the trading hours and introduce further product offerings. Utilise all delivery apps. Training is available! Alternatively, grab the prime position and great lease and create your own offering! Highly negotiable Vendor!
 
 
				 
															
