Property ID : 2747917
Buy $100,000 - Business
This established double width French restaurant businesss, located in Dauh Penh is for sale.
Comprising 600 sqm over three floors, the ground floor comprises a very large bar area on one side and on the other side the restaurant area with 16 tables and seating in both areas for 39, a wine chiller room, toilets, a wet kitchen and a large main kitchen.
The upper floors on one side offer living accommodation, comprising 2 bedrooms and bathrooms, on the other side there are three rooms, one which is rented, offering additional income and on the 3rd floor there is a opportunity to renovate into an apartment with roof terrace and balcony.
The lease term is seven years, with the current rent of $2,400 with a rent increase of approximately 15% in year 2020 and year 2022, utilities are less than $400 pm.
The business is being offered for $107,000 non negotiable and comes with all stock, fixtures and fittings.
If you are looking for a well established French restaurant which is ready to go from day one, then book a viewing today!