Newcastle, New South Wales
Bar / Cafe with full liquor licence until 2am CL/Wilsons
SOLD
Business Description
Set right in the thick of the action, fully licenced bar and cafe with excellent long term lease. One of very few sites in Newcastle with a FULL liquor licence.
This bar is perfectly situated to take advantage of booming affluent Hamilton and is performing well with a great reputation in the area. Walk in and take over, the discount price reflects the owners motivation to move it quickly.
Plenty of room for patrons with commercial kitchen and cafe for day trade and an easy transition to evening trade with great new beer systems, restaurant and bar. The venue is sizeable enough to be available for functions and comes with a great loyal team of baristas, kitchen staff and bar staff who are keen to stay on.
Beaumont Street, Hamilton has been a strong performing street for many years and with the works continuing to deter people from CBD Newcastle it is continuing to show strong returns.
This is the ideal way to get into the thriving Newcastle bar scene with Cafe and restaurant style trading supplementing mornings and lunchtime trade
Business Summary
Key Investment Insights
1. Prime location in the bustling and affluent area of Hamilton.
2. Fully licenced with a rare FULL liquor licence until 2am.
3. Long term lease in place.
4. Strong reputation and loyal customer base.
5. Easy transition from day trade to evening trade.
6. Commercial kitchen and cafe for additional revenue streams.
7. Suitable for functions and events.
8. Experienced and dedicated team of staff willing to stay on.
9. Beaumont Street has a history of strong performance and growth.
10. Opportunity to enter the thriving Newcastle bar scene with established cafe and restaurant trade.