Trendy Surry Hills Bar & Restaurant, Fully Licensed, Wiwo | Id: 1444

Surry Hills, New South Wales 2010

$249,000 Offers above

Key Features

AI generated. Contact seller to confirm.

  • Prime Bourke Street Surry Hills location with high exposure
  • Approximately 160 sqm premises
  • Seating 45 indoors and up to 60 alfresco
  • Fully equipped commercial kitchen and substantial storage
  • On-premises liquor licence for up to 100 patrons
  • WIWO sale including fit-out and operational assets
  • Turnover: $1.3 million
  • Net Profit: Not disclosed
  • Rent/Lease: $15,345 per month plus GST (including outgoings)
  • Stock Value: Included
  • Established: Not disclosed

Business Details

Business Category Alcohol Liquor Shop Cafe Restaurant

Located in the heart of Surry Hills on highly exposed Bourke Street, this fully licensed hospitality venue is offered on a Walk-In Walk-Out (WIWO) basis and includes a contemporary fit-out, commercial kitchen, liquor licence and quality infrastructure. A rare opportunity to establish your own concept in one of Sydney's premier dining and entertainment precincts.

Key Features:

- Premium Bourke Street Surry Hills location with exceptional exposure

- Positioned near the iconic Beresford Hotel, benefiting from strong day and night foot traffic

- Approx. 160 sqm hospitality premises

- Seating for 45 patrons indoors plus up to 60 alfresco

- Existing concept generating approximately $1.3 million annual revenue

- WIWO sale including fit-out, infrastructure and operational assets

- Fully equipped commercial kitchen with substantial storage facilities

- On-premises liquor licence for up to 100 patrons

- One dedicated on-site car space included

- Flexible use suitable for restaurant, cafe, wine bar, casual dining, or hospitality concept

- Trading approval to 11pm

- Lease commenced July 2024 with term through to July 2030

- Two further 5-year lease options available

- Rent only $15,345 per month plus GST (including outgoings)

- Fixed annual rent reviews of 4%

- Supportive landlord and favourable lease structure

- No specific cuisine restrictions, subject to landlord approval

- Premium infrastructure significantly reducing establishment costs

An Ideal Opportunity For:

- Owner-operators seeking a flagship Sydney hospitality venue

- Restaurant groups expanding into the inner-city market

- Cafe operators seeking a high-profile location

- Wine bar and licensed venue operators

- Franchise groups seeking a ready-to-go site

- Experienced chefs launching a new concept

Significant upside exists through extended trading, enhanced beverage sales and a fresh hospitality offering. With replacement fit-out costs likely far exceeding the asking price, this represents an exceptional opportunity to secure a premium, fully licensed hospitality venue in one of Sydney's most desirable dining precincts.

If you would like to know more about this business, please complete our online confidentiality agreement here: XXXXXXXXXX
or visit our website at XXXXXXXXXX and use the reference #1444 to search for the business.

Please note: Stock images may be used and do not always reflect the actual business for sale.

Property Code: 1444

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