Stunning CBD Restaurant Oozing Potential & Style!

For Sale $220,000
Property Details

For Sale $220,000
Description

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This is your chance to own one of the most exclusive restaurants in the Brisbane CBD. This stunning dining venue is second to none with architecturally designed features throughout.

Trading since mid 2018 and currently trading just Monday to Friday from 7am – 3pm this establishment offers huge potential for the right operator.

Restaurant operations are currently managed by staff and the owner has advised us that he is motivated to sell.

The business has a long lease in place with highly competitive rent and very favourable terms.

If you are looking to establish a presence in the heart of Brisbane then this ready-made opportunity could be for you.

** COVID-19 ** This business has stayed open and traded through the covid-19 pandemic with the current owners implementing new revenue streams in such ways as expanding takeaway options and offering delivery. Now is a better time then ever to get in touch and inspect this great opportunity with the easing of restrictions and current buzz in the industry.

Key features

• Lease has 3 years left + 5 year option
• Rent $105,037 P/A excluding GST & outgoings
• Landlord willing to negotiate a rent-free period for the right vendor
• Spacious 300m2 shop, with seating for 120 guests.
• Private dining space for corporate and private events.
• Original fit out and equipment costs exceeding $1.5M
• Huge potential to increase trading hours and open for special events.
• Central CBD location on ground floor with street frontage and access
• Liquor licence with stunning bar that is barely used due to current trading hours.
• Opportunity to implement new menu and offerings.

Establishments like this rarely become available and CBD rents like this are even harder to find.

For further information about this outstanding opportunity please get in touch with me today.

Property Features
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