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Restaurant business for sale in Newtown

  • Restaurant
  • Newtown NSW 2042
  • $149,000 (GST na)

Restaurant Business for Sale in Newtown

This Asian restaurant, located on King Street, Newtown, Sydney, offers a unique opportunity for entrepreneurs or investors to step into an already established business in one of the city's busiest areas.

Key Features:
Location : King Street, Newtown, a high-traffic, trendy area of Sydney.
Cuisine: Currently serves Asian cuisine, but the space can be adapted for other styles.
Size & Seating: 245 square meters, with a total of 85 seats, including 60 indoor seats and 25 outdoor seats.
Rental cost: $4500 per week, in addition to GST.
Operating Hours: 11 a.m.10 pm, with the potential to extend hours to include breakfast service.
Facilities : Fully equipped commercial kitchen and large storage room
Fitout: Recently renovated, giving the restaurant a fresh, modern look.
Lease: The current lease expires Feb 2030, with a five-plus-five-year renewal option and CPI-based rent increases.
Liquor License : Includes a liquor license, Separate Bar

Business Highlights

Business ID2019503263
Floor AreaAsk Business Broker
Category
Last updated  19 Sep 2024
Map for Newtown NSW 2042
Map for Newtown NSW 2042Newtown NSW 2042
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Business Highlights

Business ID2019503263
Floor AreaAsk Business Broker
Category
Last updated  19 Sep 2024

Listed by

Business Brokers Network Australia
Call
0421 460 335

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