Sell Mandate This superb established leasehold restaurant business has an ideal trading location in the centre of St. Kilda. The restaurant is surrounded by shops, offices and businesses in a busy, affluent and thriving part of the town. The area welcomes a…
This superb established leasehold restaurant business has an ideal trading location in the centre of St. Kilda. The restaurant is surrounded by shops, offices and businesses in a busy, affluent and thriving part of the town. The area welcomes a high volume of diners and visitors on a daily basis and has excellent exposure.
Our client achieves a very respectable T/O circa $600,000 and early interest is highly recommended. This would make an ideal lifestyle opportunity:
•Beautiful leasehold restaurant /bar/cafe
•Prime location central St. Kilda
•Exceptionally well presented venue with seating for 60 patrons
•Fully fitted stainless steel commercial kitchen
•Genuine reason for sale
•Sale price includes all fixtures and fittings
Rent: $82,500.00 + GST
Lease: 5+5+5+5 (commencing 07/2015)
Increases: 3.5% yearly plus market review at the commencement of each new term
Outgoings: $13,500.00 + GST
LL: 11 pm Monday to Thursday, Midnight Friday to Sunday – 100 PAX
$225,000.00
IP not included in sale
For further details regarding this amazing opportunity contact Boston Brokers.
Serious buyers are invited to request the full information memorandum. We typically respond within one business day and can arrange a private inspection within the week.
The listing broker will respond within one business day.