Restaurant for sale, Wollongong NSW
At a glance
- Lease
- 7 year lease expires March. 2027. - 3% C.P.I. increases. - 3 months bond.
About the business
A restaurant serving Chinese cuisine in Wollongong. It has a large dining area with 120 seats and is licenced. It trades 7 days, 11:30 a.m. to 10:30 p.m. The staff are 2 owners, 2 fulltimers and casuals. It is in a large local shopping centre facing a car park and street in the Wollongong Illawarra area. The area is 200 sq.mts., recently refurbished in 2019, with a full kitchen and walk-in cool room. The 7 year lease expires March 2027, and the rent includes all outgoings and water. The reason given for the sale is moving back to Sydney. The broker reports low rent and ample parking.