Balaclava Rd Eastwood NSW 2122

V Realty is proud to present an exciting opportunity for a Lease Assignment/Sale of Business for this retail premises located in the Eastwood local shopping strip.

This fully renovated shop features a kitchen and grease trap connection, with a floor area of 132 sqm and modern fit-out. It's ideal for various food and beverage businesses and cuisines such as Japanese, Korean, Chinese, Vietnamese, Thai, pasta, steakhouse, and more (subject to council approval and landlord consent).

The current owners have other commitments and are unable to manage the business, which is currently being operated by staff as a coffee house offering coffee, breakfast, lunch, burgers, pastas, and Asian fusion dishes. You have the flexibility to continue trading with a similar menu or introduce your own variations.

This shop offers significant growth potential, with the option to extend trading hours, apply for a liquor license, and operate as a full-scale restaurant.

The asking price of $175,000 plus GST covers all equipment and fit-out works of the current tenant.

The lease expires in October 2028 with a 5-year option, a 4% annual increase, and a monthly rent plus outgoings of $8,250, including GST.