19 Glenferrie Road, Malvern VIC

For Sale

Food/Hospitality

For Sale

Situated at the south end of busy Glenferrie Road this well equipped Asian Restaurant can be purchased at a very cheap price! Part of the main shopping strip, this Asian cuisine style restaurant known as ‘Tarim Diyari’ was previously ‘Lao Tuojia’. New owners now must urgently return overseas due to ill parents.

THIS IS AN URGENT SALE AND OWNERS WHO PAID OVER $100,000 WILL LOOK AT ALL REASONABLE OFFERS AND THE HIGHEST BIDDER WILL SUCCEED! SO BE QUICK!

The restaurant is very neat and tidy with nothing else to do. Nice décor, clean with a nice atmosphere.

Currently trades 7 days per week for lunch and dinner. The restaurant seats around 40-50 people and is licenced for BYO. There is a good commercial kitchen with dishwasher, 4 door freezer, stainless steel benchtops, shelving and a commercial deep frying/wok gas burner for 3. It has continuous water flowing to cool down. Plenty of street carparking for customers.

RESIDENCE:-

This is included in the lease, so new owner could either live in or rent out.

THE LEASE:-

Currently for 4 years remaining with further options. Lease is very reasonable $5500 per month for the whole premises.

FURTHER POTENTIAL:-

Because of the location this could easily increase in takeaway lunch and dinners! There are both many businesses and residences in the area.

THIS IS A GREAT OPPORTUNITY for a chef or a person always wanting to own their own restaurant business. Small outlay for everything that’s included compared to setting up your own! Genuine reason to be selling – so act fast!

Phone enquiries - please quote property ID 19606

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