1 Boyle Street, SUTHERLAND NSW 2232
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- 15 Dec 2016
SHIRE BISTRO - ICONIC SUTHERLAND RESTAURANT BUSINESS FOR SALE
PROMINENT CORNER POSITION – DUAL STREET EXPOSURE
COURTYARD WITH AN OPENING ROOF – IDEAL FOR A WINE BAR OR FUNCTIONS!
SET ALONGSIDE THRIVING DINING & RETAIL AREA INCLUDING COLES SUPERMARKET
TRADING AS A RESTAURANT SITE FOR OVER 19 YEARS
FIRST TIME OFFERED FOR SALE SINCE ESTABLISHING
PARKING AT FRONT OF RESTAURANT
Ideally suited for the restaurateur ready to make your mark with a location deserving of your vision.
This successfully trading restaurant has capitalised well on the perfect location.
Uniquely located within the dining quarter of Sutherland nearby the anchor retail tenants of IGA and Coles supermarkets.
This corner location faces both Boyle Street and the main thoroughfare Eton Street which provides main road exposure to both pedestrian and the slow 10km zone for passing traffic accessing car parking.
Boyle's Pub is within view at the other end of Boyle street.
Approximately 135m2 is under the main roof, 43 m2 under an extended roof for storage and stock, and 5m2 of attic storage space.
This is an exceptional restaurant location and opportunity given the established goodwill, high demand for this location and long established trading history as a restaurant.
The current Shire Bistro restaurant has been operating as a successful restaurant for 7 years and will be sold as a going concern and includes a substantial fit-out. It is modern, clean and very chic.
If you are considering establishing a restaurant in the Shire then Sutherland is the ideal location with the strong restaurant patronage from the nearby high-rise apartments, main transport interchange, District Law Courts, Sutherland Shire Council, etc.
This certainly has to be one of the most appealing properties for location, facilities, existing goodwill trade and which will save you a substantial cost in fitting-out.
There are multiple upsides with this existing business as there is scope to further increase trade by using the outdoor courtyard for functions and would be ideal for a wine bar. The business if fully licensed.
The rental is market comparable and the long term landlord is offering competitive lease terms.
The restaurant owners have decided it is time to retire so this business will be sold.
This is a one time only opportunity to take out a lease on what is considered the best location for a restaurant at Sutherland and secure a fantastic restaurant fit-out and goodwill for well below replacement cost.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
1 Boyle Street SUTHERLAND