Lowest Rent On The North Shore - 82sqm - Asset Sale Only

A wine bar that has made its mark on the Lower North Shore is now for sale for the first time since its opening in 2017. Trading only four nights per week.

The owners established this bar and restaurant seven years ago, quickly gaining a positive reputation not only among locals but across the entire North Shore. It is known as a place where you can enjoy carefully sourced wines and a delightful meal, all within a beautiful ambiance.

Operating only four nights a week, this venue has ample capacity to accommodate larger crowds. It is well-suited for extending its operating hours and offering additional services. A highly favourable lease adds to the attractiveness of this business. Situated in the heart of the Lower North Shore, the location benefits from significant foot traffic and a loyal customer base that returns weekly.

This is an asset sale in the sense that only limited financial information is available.

Key Features:
-Low rent
-Lease until 2032
-Full commercial kitchen
-Free outdoor seating
-CCTV security system
-Rubbish removal included in rent
-Liquor License

Lease Details
Commenced 08/2017 with two five-year options until 08/2032

Premises Details
Approx. 82.5 square meters
39 seats inside & 15 seats outside

Staff Details
One full time three casuals

Opening Hours
Monday Closed
Tuesday Closed
Wednesday 5 to10 pm
Thursday 5 to10 pm
Friday 5 to10:30 pm
Saturday 5 to10:30 pm
Sunday Closed

Opportunity
An opportunity to take on a venue that is highly renowned, with exceptionally low rent considering its location, and the possibility to extend opening hours.Established as a wine bar with excellent food, this business is ideal for a hands-on front-of-house or chef operator due to its open kitchen layout. Alternatively, it could appeal to a larger operator looking to adopt and expand upon its successful concept.

**Weekly**
Sales $10,000 on average
Rent $788 plus GST
Wages $3,500 on average