Iconic CBD Venue | Asset Sale

Premier Acquisition Opportunity:
This high-spec restaurant in the heart of the city offers a seamless "plug-and-play" transition for a new concept. This is an asset sale only; the IP remains with the owners.

1. Prime Location & Versatile Layout
High-Traffic Precinct: Situated in a high-foot traffic area with a sophisticated demographic.

Adaptable Footprint: Balanced dining and bar areas, perfect for a beverage-led or casual model.

Outdoor Appeal: Ideal for an "aperitivo" style wine bar.

2. High-Spec Infrastructure
Designer Fit-Out: Contemporary finishes and ambient lighting reduce immediate CAPEX.

Premium Storage: Integrated, climate-controlled sommelier-grade wine storage.

Commercial Kitchen: Fully equipped to support high-volume service or curated small plates.

3. Strategic Pivot Potential
The venue is uniquely positioned to transition from formal dining to a more casual wine bar or a different concept altogether, enabling streamlined labour costs and higher margins in line with current market trends.

4. Turnkey & Secure
Ready to Operate: Includes all high-end equipment and fit-out.

Secure Tenure: A 10-year lease is in place until October 2034.

This is an asset sale; the IP remains with the owners, some fittings belong to the Lessor, and the figures are indicative of trading only.

Lease Details
Commencing Date: 3 October 2024.
Terminating Date: 2 October 2034.
Term: 10 years.

Opening Hours
Monday to Friday 12-9:15pm
Saturday 5-9:15pm
Sunday Closed

Opportunity
Note to Buyers: This is a meticulously maintained venue ready for its next chapter. Whether you maintain it as a restaurant or pivot to a premier wine destination, the foundation for success is already laid.

**Weekly**
Weekly Sales $50,337
Rent 9,038.46 (plus GST)

For more details, please email broker or call agents.