For Lease

Well-positioned café – High foot traffic

$51.358 plus GST per annum

Description

Cafe Space for Lease: A Prime Cafe Opportunity in the Heart of Surry Hills

Unlock the potential of this empty cafe space, perfectly positioned at Shop 1/424 Elizabeth Street, Surry Hills NSW 2010. Located in one of Sydney’s most vibrant neighbourhoods, this site offers excellent foot traffic and high visibility, making it an ideal choice for your next hospitality venture.

Key Features:

Highly visible street frontage on busy Elizabeth Street

Surrounded by popular shops, offices, and residential developments

Strong foot traffic throughout the day

Outdoor seating permitted

Flexible layout to suit your concept

High-growth area with ongoing commercial and residential development nearby

Whether you’re an experienced operator or a first-time cafe owner, this space offers exceptional potential to create a thriving business in a sought-after location.

Enquire now to arrange an inspection and secure this outstanding opportunity.

Don’t miss your chance to establish your brand in the heart of Surry Hills!

Property Features

Fit-out Details

– 50 sqm, including 1 car space.
– Exclusive indoor and outdoor dining.
– Seating for 8 tables and 27 chairs.
– Exhaust provision, air conditioning, grease trap, tiled floor, and ample cupboard space.
– Approved for light cooking.

Outdoor Area

Permitted for outdoor seating use.

Parking Availability

1 car spot

Accessibility

Yes

Utilities

Electricity only, no gas.

Storage and Facilities

Ample cupboard space.

Financial Information

Rent/Lease Costs

$51.358 plus GST plus outgoings per annum.
Asking for $12,500 for the current fit-out and equipment.

Incentives/Negotiations

1. Reduced rent until 30 September 2025 at $886.88 per week.
2. Free outgoings until 30 September 2025.
3. From 1 October 2025, normal rent applies: $987.67 per week + GST = $1,086.44.
4. An extension or a new lease can be negotiated.

Outgoings

Council rates are $1,077 per year, water rates are $230 per quarter, and strata levies are $1,510 per quarter.

Location

Shop 1/424 Elizabeth St, Surry Hills NSW 2010

Map/Geolocation

Lease Terms

1/10/2021-30/09/2026 A new lease can be offered to the right operator.

Size/Area

50 Square meters

Seating Capacity

8 tables. 27 chairs

Zoning Information

Residential (Medium Density) 2B

Reference No:

LUCMG0525

/buyer-registration/?refnum=&eml=m.gehret@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).