Description

Cafe / Bar in foyer serving breakfast, lunch and dinner. Full commercial kitchen serving a variety of Italian food, 15 kgs .coffee and great variety of wines, beer and cocktails. 30% of income is through alcohol sales. Brand new fit out with state of the art equipment throughout. Currently adding a further 25 seats in a great position. Situated in growth corridor of the City with many new office towers and residential under construction.

Potential

Enormous potential as opened less than 12 months with business growing and positioned in part of the CBD which is expanding dramatically. Should reach sales of over $50,000 per week.

Features

Stunning location within one of the largest CBD commercial buildings in the growth area of City. Building about to become 90% occupied.

Premises

Approx. 220 sqm, large atrium with New York style fit out, large centre bar with seating around and open kitchen, also separate store room and work area downstairs

Location

Situated in the foyer of brand new very large CBD office tower.90% occupancy and easy access to Pitt street, with 5,000 office workers.

Trading Hours

5 days - Monday to Friday: 6.30 am to 10 pm.

Lease

10 year lease from July 2023 with 3.5% increases annually and 3 month bond.

Employees

1 owner + 1 full time chef + 3 kitchen + 2 floor + 3 bar all casuals.

Comments

One of the City's largest buildings, 55 levels with 2 separate street entrances accommodating 5,500 office workers.

SBX ID

T3007