V Realty is proud to present this fantastic opportunity to secure a fully fitted food & beverage retail outlet in a prime Randwick location.
Key Features:
- Prime Corner Location at the intersection of Belmore Road & Arthur Street, directly opposite Royal Randwick Shopping Mall.
- Fully Fit-out Korean Fried Chicken & Street Food Takeaway and Dine-In.
- Lease Assignment: Take over the existing lease.
- Versatile Space: Suitable for a variety of food-related businesses (Subject to Council Approval).
- Sale Price for business goodwill, equipment, and fit-out for $75,000 plus GST.
- Lease Terms: Current lease expires on 30/04/2026, with one additional 3-year option.
- Current Monthly Net Rent: $6,760 + GST.
- Estimated Annual Outgoings: $17,000 + GST (pass-through charges).
- Upper Level: Includes extra storage space with enough room for a cool room.
- Extra Seating Potential: Additional seating may be possible on the side footpath, subject to council approval.
For more information or to arrange a viewing, contact us today at 0492 222 888.