Newcastle

For sale

$99,000 + SAV

Business for Sale - LICENSED RESTAURANT

LOCATIONLOCATIONLOCATION!!

Positioned in the heart of the Newcastle CBD just minutes from Newcastle beach and the Newcastle harbour/foreshore, this well-known venue is surrounded by other successful restaurants, cafes, retail stores and offices. With a main street location, great exposure and street window frontage it is a must see for any aspiring cafe owner or restaurateur.

There is an excellent commercial kitchen with a full list of plant and equipment including huge cool room, commercial stoves, ovens, grillers and large exhaust hood. Includes an on-premise liquor license and has seating for up to 60 patrons.

Other features include:



  • Long lease in place (5 years up until 2024, with the possibility of adding multiple 5 year

    options)

  • Modern and spacious dining area (possibility of adding footpath/outdoor dining STCA)

  • Excellent AS NEW commercial kitchen

  • Fully air conditioned

  • Well-designed fit-out that includes his and hers toilets and a large upstairs storage area

    Fantastic opportunity for an individual or a partnership looking at securing their ideal location and turning their dream of owning a restaurant/cafe into reality.

    Would suit other food uses or cuisines and is ideal for anyone looking for a licensed venue in a highly sought-after location.

    The owner has worked extremely hard to make this into a very successful business (he is the head chef) for over 8 years and is looking at taking a well-earned break from owning and operating a restaurant.

    An amazing opportunity at a good price.

TenantedNo

Property Info:

  • Property ID: L727757
  • Property Type: Retail

We Know Your Area

R&H Suburb Profile: Newcastle

Learn more about Newcastle
R&H Suburb Summary Houses
Number of sales 4
Average Price $1,241,375
Median Price $1,300,000
Median Rental Price $350 p.w.
Change in Rental Rate (5yr) -5 %
R&H Suburb Summary Units
Number of sales 113
Average Price $738,331
Median Price $655,000
Median Rental Price $500 p.w.
Change in Rental Rate (5yr) 3 %
Newcastle, NSW - Median Trend

School closest to 3/35 Hunter Street

School name Distance
Newcastle Grammar School
View Website
0.51 km
Newcastle East Public School
View Website
0.82 km
Alesco Senior College 1.57 km
Stockton Public School
View Website
1.88 km
Newcastle Grammar School, Park Campus 2.27 km

"Distance" is a straight line calculation. Please contact your desired school to establish it's catchment area.

  • Newcastle