Visit this listing at https://www.sbx.com.au/business?id=F3318A

Business Code: F3318A

Key Features: Function Centre - Restaurant - Yum Cha - Karaoke Bar - Lwr Nth Shore

State: NSW

Location: Prime location in heart of busy suburb on lower North Shore with plenty of parking.

Description

Restaurant - Function Centre - Potential Chinese Yum Cha - Karaoke Bar - Indian or Korean BBQ - Full kitchen with freezer and cool room near loading dock and separate serving area including hot and cold bar - Large luxurious bar area - Unusual dual street entrances on two different levels gives easy access to the function centre and restaurant. - Really nice ambiance with three levels to make more appealing to the eye. - 180 seats - Licenced.

Summary

  • Features: New lease available - Large 400 space car park available for easy access to business - Large music stage for performing and large dance floor.
  • Potential: To extend the premises for outdoor seating subject to approval by landlord which has been discussed - Would suit any cuisine, Chinese, Indian, Korean.
  • Premises: This business has a performing music stage, loading dock, male and female toilets and a total area of 300 sq. mts.
  • Trading Hours: To suit
  • Lease: Current lease expires Nov. .2021 + a further 5 year option - C.P.I. annual rental increases - 3 month bond - A new lease may be available to suitable purchasers with food experience .
  • Employees: One owner + one chef + casuals as required .
  • Comments: The business is trading as a going concern but is not being sold on the current financial figures. -

Weekly Summary

Rent

$1,884

Price

$298,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Function Centre - Restaurant - Yum Cha - Karaoke Bar

Business Code: F3318A
Price: $298,000

Key Features: Function Centre - Restaurant - Yum Cha - Karaoke Bar - Lwr Nth Shore

State: NSW

Location: Prime location in heart of busy suburb on lower North Shore with plenty of parking.

Description

Restaurant - Function Centre - Potential Chinese Yum Cha - Karaoke Bar - Indian or Korean BBQ - Full kitchen with freezer and cool room near loading dock and separate serving area including hot and cold bar - Large luxurious bar area - Unusual dual street entrances on two different levels gives easy access to the function centre and restaurant. - Really nice ambiance with three levels to make more appealing to the eye. - 180 seats - Licenced.

Summary

  • Features: New lease available - Large 400 space car park available for easy access to business - Large music stage for performing and large dance floor.
  • Potential: To extend the premises for outdoor seating subject to approval by landlord which has been discussed - Would suit any cuisine, Chinese, Indian, Korean.
  • Premises: This business has a performing music stage, loading dock, male and female toilets and a total area of 300 sq. mts.
  • Trading Hours: To suit
  • Lease: Current lease expires Nov. .2021 + a further 5 year option - C.P.I. annual rental increases - 3 month bond - A new lease may be available to suitable purchasers with food experience .
  • Employees: One owner + one chef + casuals as required .
  • Comments: The business is trading as a going concern but is not being sold on the current financial figures. -

Weekly Summary

Rent (ex GST)

$1,884

Price

$298,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.