Retail Business Hospitality Brokers proudly offer this exceptional hospitality asset, at an entry level price point.
Unique opportunity to secure a fully licenced, multi-level hospitality venue with enormous upside for repositioning, rebranding, or group acquisition. Offered for sale at a fraction of its original fit-out cost, the venue is suitable for experienced operators seeking a licensed premises with full hotel liquor licence and late-night approvals.
Key Features:
Full Hotel Liquor Licence with Extended Trading Authorisation (ETA)
Approved Capacity: 735 pax
Rooftop Bar with Panoramic Views
Multiple Bars, Lounges, Storage, AV, Lighting and Production
Full Commercial Kitchen
Lease Summary:
Current Rent: $39,703.11 + GST + Outgoings per month
Lease Start Date: 21 April 2021
Term: 6 years plus 5 years (option)
The low asking price is assets-focused, ideal for those seeking to acquire a large-scale, late-night venue with valuable approvals and massive potential.
New Operator Benefit:
Significant cost savings vs greenfield setup
Fast-tracked entry into Sydney's premium late-night market
Strategic location and building configuration suited to multiple concepts
The business has been operated under management and is now being sold well below establishment cost, providing a clean slate for repositioning or scaling under a new ownership.
Contact Barn at Retail Business Hospitality Brokers