Commercial Opportunity in Historic Terrace Overlooking Beach Side ParkThis space is perfectly set up for hospitality use as was previously was a popular Newcastle takeaway shop.
Fully equipped commercial kitchen with cool room. Street dining is subject to council approval. The area has been previously approved for the last commercial tenancy. The property also features rear lane access.
The premises is located in the popular suburban commercial centre of Newcastle CBD and moments from Newcastle Beach and exhibits quality foot traffic across the week which is important for any budding business.
Note: Not all equipment within marketing photos to be included. Equipment can be purchased or form part of a lease. The owner takes no responsibility for the working order of the equipment.
Newcastle Council Rates: $6,175.00 p.a
Hunter Water: $830.00 p.a plus water and sewer usage
Insurance: $5,880.00 p.a
Total Outgoings Estimate: $12,885.00 p.a + GST
Lessee Outgoings: $6,442.50 + GST = 50% of above