Licensed Cafe /Restaurant in Iconic Building

Phone enquiries - please quote property ID 14838

An opportunity exsists to join the changing face of Newcastle.

This Cafe/Bar is in a beautiful old iconic building in the Newcastle CBD close to the hospitality hub of the East end.

The cafe has an extra large kitchen fully equiped with 2 walk in coolroms & one walk in freezer,lots of space for storage & two seperate office spaces.Two female rest rooms & two male.

Lease term is 5 years with a 5 year option rent includes water & rates.

Currently netts owner 120k per annum.

The cafe has an eclectic new fit out with a beautiful polished timber bar.All equipment is free hold.

Currently trading 6 days only with a hugh weekend trade.This business is large enough to lend itself to funtions seating 100 +pax.

An opportunity exsists for an astute hospitality operator to cash in on the growing night culture of this amazing city.

The business enjoys excellent exposure to passing traffic(aadt 2004 17,000 cars daily)Only minutes to Honeysuckle & the beaches.