SURRY HILLS ELEGANT 2 STOREY RESTAURANT and BAR

SURRY HILLS – CROWN STREET near CLEVELAND STREET:  

ELEGANT 2 STOREY VICTORIAN TERRACE: POPULAR RESTAURANT and BAR

Key Features:

  • This is an architecturally significant building which has been converted into an important dining destination over many years.
  • Is located on the Southern End of Crown Street – a block from Cleveland Street. Importantly this location is not affected by the building of the Light Rail – which has interrupted much of restaurant, café and bar traffic in other parts of Surry Hills.
  • This is now a purpose built restaurant and bar – over two floors with a dominant bar down stairs accompanied by small tables whilst upstairs is primarily all table seating.
  • Has been trading successfully since 2012 –this site has housed a number of Sydney’s more famous Restaurants over the years.
  • Has a seating capacity of approximately 72 customers – 24 down stairs at tables; 6 at the Bar and 42 Upstairs.
  • Operates with an On-Premise – Restaurant Licence.
  • Is a well-structured business – with an established kitchen brigade and a knowledgeable and cool front of house and bar team.
  • A strategically well timed sale may enable a new operator to purchase this business in time for the busy Christmas and summer trading.
  • A solid turnover averaging $1.3 million per year for the last 3 years. (Taxation Return)
  • Two kitchens – one for production and storage and the other for service

 Asking Price:  $225,000 W.I.W.O + Stock at Valuation.

For details: Michael Fischer   Mobile: 0418 866 899   Web Site: www.fischerconsulting.com.au