Under Contract

Chamber Bar / Restaurant / Cafe & Live Music Venue

This is truly a Bar Owner’s / Restauranteurs Dream!

About the Opportunity

This venue has it all:

  • Large Premises licensed for 150 people, spanning 347 square metres, all indoors
  • Large bar with 10 beer taps ideal for the craft beer lover
  • Fully equipped kitchen that would please any chef
  • Modern lounges, tables and furniture
  • The walls are adorned with large modern wall murals
  • Private break out space / function room
  • Strong Facebook and Instagram presence
  • Within Wollongong’s bustling CBD

The business is ready to be taken to the next stage by a savvy, motivated new owner.

Premises & Location

Occupying a large premise spanning 347 square metres within the Wollongong Arts Precinct, this Wollongong CBD business boasts CBD access for lunch-time trade and a venue that will light up into the evenings with nightlife.

The premises were newly renovated in 2017 and have a modern ‘urban’ fitout reminiscent of bars and restaurants located in Melbourne.

Growth Potential

The business offers great potential for a purchaser to maximise profits through the marketing and catering of events, live music, functions and other occasions.

This business would benefit from the dedicated implementation of a marketing strategy to drive and increase sales. The social media platforms of Facebook and Instagram already have a large following allowing a new purchaser to evolve the business how they like it through direct communication with the target audience.

Lease Information/Low Rent

The lease is a 5 plus 5 plus 5-year lease (5+5+5) with 13.5 years of lease remaining. This long lease provides the purchaser with a long-term horizon with an abundance of time to build your dream into a reality.

The Next Step

All inquiries and correspondence about this business will be handled solely by the agent listed below. If you would like further information about this business, or would like to arrange a site visit please contact Leo Tortorici on 0447 037 612.

The seller has requested that they not be contacted directly and that all correspondence and contact be made with the above mentioned Business Agent.

Suburb Wollongong
State NSW
Price $250,000 + SAV
Property Type business
Property ID 176
Category Food/Hospitality

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Agent Details

Martin Lo Surdo photo

Martin Lo Surdo

0432 653 576
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Martin Lo Surdo photo

Martin Lo Surdo

0432 653 576
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