For Lease

Turnkey Restaurant & Bar Pop-Up in Sydney’s Eastern Suburbs

89,875 plus GST

Description

Pop-Up Ready – 12 Months. No Risk. No Excuses.
You said you wanted to open a restaurant.
Now here’s one with zero fit-out, no lease trap, and a fully loaded kitchen in Surry Hills.
All the gear. None of the drama.
You’ve got 12 months to prove it (or walk away).
Try it. Nail it. Or don’t.

Property Features

Fit-out Details

Fully equipped commercial kitchen
POS system, crockery, furniture, bar setup

Outdoor Area

A private, covered ,leafy courtyard that seats around 20 guests comfortably.

Licenses

Licence Type: On-premises restaurant licence

Approved Trading Hours:
7:00 AM to 10:00 PM, seven days a week

Liquor Extension: Potential to extend liquor trading hours subject to application and approval

Parking Availability

On Street

Utilities

Electricity

Gas

Water

Grease Trap: Fully installed and council-compliant

Commercial Kitchen Exhaust: Full professional-grade extraction system suitable for a range of cooking styles

Air Conditioning: Installed

Lighting & Power: Fully operational with ambient and task lighting throughout

POS System and Tech Setup: Ready to go with iPads, Square terminals, printers, and security system

All services are active and functional, ready for immediate operation.

Storage and Facilities

Storage
Dry store, bar storage, upstairs shelving, and wine racks.
Generous outdoor storage areas

Refrigeration
Multiple under bench fridges, upright fridge/freezers, chest freezer, wine fridges, walk in cool room

Restrooms
Customer and staff toilets in excellent condition

Staff Areas
Small office, secure back-of-house access,

Kitchen & Utilities
Full commercial kitchen with grease trap and commercial-grade extraction system

Financial Information

Rent/Lease Costs

12-month sublease (non-renewable unless mutually extended with new terms)

Base Rent: $8,238.54 per month (including GST)

Equivalent to approximately $1,901 per week

Sublease & Rent Breakdown
Lease Term

12-month sublease (non-renewable unless mutually extended with new terms)

Base Rent
$8,238.54 per month (including GST)
Equivalent to approximately $1,901 per week

Upfront Costs

1 month’s rent in advance

2 months’ rent as bond ($14,979 + GST)

Total upfront: $24,715 (of which $14,979 is refundable)

Outgoings

Outgoings Approximately $750 per quarter

Location

59 Fitzroy street, Surry Hills

Map/Geolocation

Lease Terms

12-month pop-up lease Non-renewable unless a new deal is agreed (flexible options at end) Monthly Commitment Base Rent: $8,238.54 including GST Upfront Costs One month’s rent in advance Two months’ rent as bond ($14,979 plus GST) Total to get started: $24,715 (This includes bond and first month’s rent. No fit-out required.) End of Term – You Choose Buy the business Extend the lease on new terms Walk away with no further obligation

Size/Area

Seating Capacity

Zoning Information

Mixed Use

Reference No:

OCFNL0506

/buyer-registration/?refnum=&eml=o.casson@gsebrokers.com.au

About Us

We specialise in working with hospitality business owners to ensure they get the best return possible when they sell their venue. We offer full brokerage services where we deal with everything for you from start to finish, or we can guide you through the process of selling your business yourself on our Six Steps to Sale Program (our no-commission option).