One of my friends owns a shop but he would like to rent it out as a restaurant. The shop is on the opposite of a theatre. Very good location in Newtown.
The size of the shop is more than 50sqm. Don't know exactly because he just mentioned the shop was big enough to be a decent restaurant. Rental 650/week (GST excluded)
If anyone is interested in renting the whole building (2 levels) the total rental is 1100/week.
To those who have restaurant experience and want to run a new business this is a very good oppotunity.
Don't know much about it. If anyone is interested, pls send me message and I'll give you his contact number.
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It's good for people wanting to own a restaurant but can't afford to pay 200,000 or more to buy a business because you don't have to pay anything except rental
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Do you have a permit for change of use yet?
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Not yet. If anyone is interested in doing that, the vendor can arrange that. Some restaurants have already been open in this street so DA approval is out of problem
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