SURRY HILLS NSW 2010
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- 30 Dec 2016
Sale of Business (Walk-in / Walk-out) - Food Approved Caf on Bourke Street, Surry Hills
This is a Sale of Business (WALK-IN / WALK -OUT)
A great opportunity to purchase a profitable and well established cafe with figures you can take to the bank. The cafe is approved for 34 seats internally and 3 tables/6 chairs for footway/outdoor dining.
Trading hours are approved from 7am until 6pm, 7 days a week with current weekly rent being $1,373.20 plus GST and in the beginning of its 3rd year of a 5 year lease with an 5 year option.
Positioned on a corner block in a picturesque tree-lined street on Bourke Street, Surry Hills and in the vicinity of residential, commercial and retail premises, this shop comes with a commercial kitchen, grease trap, ventilation, female/male toilets and an inventory list available on request.
Solid accountant certified books available showing fantastic profit upon confidentiality agreement signed.
Asking price of $280,000
-Trial available at $15,500 per week
-Rent less than 10% of turnover
-In & Outdoor Seating
-Long lease in place
-Established business and recurring clientele
-Trading 7 days per week
-Possible additional option term added to lease
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