Elizabeth Street Pier, Hobart TAS

For Sale

Food/Hospitality

SOLD

321m2

This high profile restaurant occupies one of the best waterfront locations in busy Sullivans Cove. Located on Elizabeth Street Pier with fantastic harbour views on both sides. Adjoining tenancies include the highly successful T42, Fish Frenzy and Hobart Function & Conference Centre.

The premises is in excellent condition and contains 321 sqm with internal seating for 130 plus external seating on both sides for another 30 people. Includes a large kitchen, prep area, office, toilets, walk-in coolroom and servery bar.

The current sub-lease has over 9 years remaining and annual revenue exceeds $900,000 for 6 day trading.

A large amount of unencumbered equipment is included in the sale price and stock is estimated at $15,000. This is a huge opportunity for purchasers to continue the Asian theme or else put their own stamp on a different style restaurant.