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Listing Id: 33967 Last Refreshed: 02/12/2024 Total Views: 8 Broker Ref: 22653

Urgent Sale Function Centre for Sale in Western Sydney with low Rent

Outer Western Subturbs, SydneyYogurt Shops
Asking Price: $249,000
Business For Takeover
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Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role N/A
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

NA

Description

A recently fitted and established Indian restaurant with a solid history is now available for sale.

Key Features
* The restaurant holds over 80 guests, while the function hall holds up to 150 individuals. The two spaces could be merged for larger events.
* Recently fitted: The restaurant appears modern and fresh with everything brand new.
* The current lease expires until May 2034 with a 5-year renewal option. Rent increases are limited to 3% annually.
* Prime Location: High foot traffic and low competition on a busy main street.
* An additional room can be utilized for storage or as a residence.
* Affordable Rent: $1,314/week (including GST).
* A full commercial kitchen, two bars, a liquor license, and plenty parking make the location ideal for food and parties.
* This could attract to restaurateurs and investors willing to benefit on Sydney's expanding hospitality industry
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