Gunning Commercial is excited to offer for sale this prime Oxford Street commercial building at the gateway to Taylor Square, Darlinghurst, Surry Hills and Paddington.
The property offers is leased as a cocktail bar and includes the liquor license and late night trading hours until 12 midnight. The current fitout includes all the must have's for a bar venue including 2 bars, disable bathroom access, outdoor terrace, integrated sound system and cool room facilities.
Features include:
- 145sqm floor area approx
- Land area 93sqm approx
- Zoned business (3)
- Timber floors throughout
- Commercial bar fitout
- Ducted A/C throughout
Lease Details are as follows;
Gross Rent: $80,000 annually
Term: 5 years
Option: 5 years
Annual Increases: 4%
Security Bond: 3 months gross rent
Commencement: 1 October, 2014
Call the agents today for more information or to organise an inspection of the property.