Property ID : 2929865
Buy $25,000 - Business
SEAPS is proud to present…..
This long established French restaurant has been in operation since 2002 and is available for sale, comprising 240 sqm over ground and 1st floor.
The ground floor houses the restaurant with seven tables and 36 chairs, toilets and a large kitchen at the rear, there is a small mezzanine area for storage and the 1st floor offers living accommodation with 3 bedrooms, toilets, kitchen and balcony over looking the park.
The current rent is $1,000 pm and the lease will expire at the end of 2019, however, a new lease will be available, although the rent is likely to increase to around $1,400-$1,500 pm.
The current owner wishes to retire and is selling this restaurant for $25,000 negotiable, which includes $2,000 security deposit, business licence, tax patent, stock, fixtures and fittings. The 2nd floor is currently empty and is not included in the sale, however, it is available for lease as well, if additional space is required.
If you are looking for a restaurant with living accommodation in a prime location, then book a viewing today!