153 Esplanade, Port Noarlunga SA

For Sale

Food/Hospitality

$69,000

    • Franchise Please select
Positioned on the cliff top of popular Southport beach Port Noarlunga South, a recently renovated beachfront Restaurant/cafe space exists for sublease licensed for 100. Located alongside the newly re-branded and renovated COAST Motel and Apartments.

DETAILS:

This is a brand new 10 year (5+5) sublease opportunity for the successful applicant. Up for lease is a newly renovated café/restaurant space, liquor licensed for 100 persons (transferable), a stunning outdoor dining area and a fully operational large commercial kitchen with plenty of space. Located alongside the newly re-branded and renovated COAST Motel and Apartments.

- SUBLEASE SALE PRICE $69,000
- RENT $44,000 + GST + OUTGOINGS



IDEAL LOCATION TO CAPITALISE ON RESIDENTS OF LOCAL SUBURBS, TOURISTS OF MCLAREN VALE REGION, BEACH GOERS FROM WIDER ADELAIDE AND GUESTS OF ADJOINING ACCOMODATION WHICH SERVICES APPROX 10,000 GUESTS P/A WHO CURRENTLY DRIVE 2.5KM TO CLOSEST RESTAURANT/CAFE

- BEACHFRONT LOCATION WITH MINIMAL DIRECT COMPETITION
- LONG 10 YEAR SUBLEASE (5+5)
- LIQUOR LICENSE FOR 100 COMBINED INDOOR AND OUTDOOR AREA (TRANSFERABLE)
- 125 SQM APPROX SPACE
- NEWLY RENOVATED INSIDE WITH SPLIT SYSTEM HEATING & COOLING
- FULLY OPERATIONAL LARGE COMMERCIAL KITCHEN WITH COOL ROOM AND PIZZA OVEN
- SOME PLANT AND EQUIPMENT
- EXCLUSIVE USE OF STUNNING OUTDOOR DINING AREA WITH HARDWOOD DECK & PERGOLA
- SIDE STREET TAKEAWAY WINDOW FOR FOOT TRAFFIC (Subject to council approval)
- VIBRANT AND GROWING AREA
- LOCATED OPPOSITE POPULAR BEACH, WALKING PATH AND BEACHFRONT CARPARK

FOR MORE INFORMATION AND EXPRESSIONS OF INTEREST PLEASE CONTACT. INSPECTION BY APPOINTMENT ONLY.

**PLEASE DO NOT PHONE THE MOTEL TO ENQUIRE AS NO INFORMATION CAN BE PROVIDED**

EXPERIENCED APPLICANTS NEED ONLY APPLY.

Phone enquiries - please quote property ID 18681

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