Boasting a main street location and perfectly positioned just minutes from the Newcastle CBD, Newcastle harbour/foreshore and Newcastle’s beaches this venue is surrounded by other successful cafes, restaurants, retail stores and offices. With great exposure and street window frontage this business ticks all of the boxes.
Includes an on-premise restaurant/cafe liquor license and has seating for up to 140 patrons.
Other features include:
*Long lease in place (5 years with another 2 × 5 options)
*Multiple dining areas (including indoor and outdoor dining)
*Excellent and spacious commercial kitchen
*Fully air conditioned
*Designated area that is an ideal function space which can accommodate up to 100 guests (great for an additional income stream)
Fantastic lifestyle business or investment opportunity for an individual or group looking to get into the industry or expand their current restaurant portfolio.
Also ideal for anyone looking for a licensed venue in a sought-after location (would suit other food uses or cuisines).
An amazing opportunity at a bargain price.
To obtain more information you will need to complete a Confidentiality Agreement and contact the Listing Agent Brad Wallace.
Learn more about Newcastle
|R&H Suburb Summary||Houses|
|Number of sales||4|
|Median Rental Price||$348 p.w.|
|Change in Rental Rate (5yr)||-21 %|
|R&H Suburb Summary||Units|
|Number of sales||106|
|Median Rental Price||$510 p.w.|
|Change in Rental Rate (5yr)||4 %|