Well Established Newtown Retaurant/Bar

Phone enquiries - please call ********* and quote property ID 38630.

Retaurant / Bar for sale in the heart of Newtown
Well established venue.
Owners now moving out of area and onto new ventures.

Newly signed lease until 2031,

New 5 year lease
Rent $63,000 per annun
Venue size 200 sqm
Price per square meter $315

Full commercial kitchen & 7 meter Bar
Capacity 90 patrons

Turn over approx 850 k per annun
Profits 4000+ per week

At the moment has a
1 full time cook
1 part time cook
1 casual

1 full time FOH
1 part time
3 casuals

*staff completely unaware of sale so please be discreet with enquiries
*confidentiality agreement must be signed before disclosing location

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