Newcastle

For sale

$49,000

Business For Sale - ESPRESSO COFFEE BAR (Newcastle)

This trendy, well known coffee bar is in the heart of one of Newcastle’s most densely populated and sought-after inner-city suburbs. Boasting a very modern/stylish fit out which exudes a very intimate/warm vibe.

The cafe serves sensational coffee, light snacks and a range of easy to produce food options for breakfast and lunch.

Boasts a large established and loyal clientele (mainly local businesses/corporates and passers-by).

The business has a long-term lease in place at a very reasonable rent (approximately $650 per week)…being one of the cheapest in town.

This is one of the best opportunities for an astute operator to walk into a very well established and thriving cafe in one of Newcastle’s booming suburbs (only 5 min’s walk to the Newcastle CBD, Newcastle Beaches and Harbour Foreshore).

Fantastic lifestyle business or investment opportunity for an individual or group looking to get into the industry or expand their current cafe portfolio.

Represents great value and is a must inspect.

TenantedNo

Property Info:

  • Property ID: 21409002
  • Property Type:

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R&H Suburb Profile: Newcastle

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R&H Suburb Summary Houses
Number of sales 4
Average Price $1,241,375
Median Price $1,300,000
Median Rental Price $348 p.w.
Change in Rental Rate (5yr) -21 %
R&H Suburb Summary Units
Number of sales 106
Average Price $730,239
Median Price $675,000
Median Rental Price $510 p.w.
Change in Rental Rate (5yr) 4 %
Newcastle, NSW - Median Trend
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