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This 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
The property is situated on the centre of Perkins Street, Newcastle, opposite the new apartment complex “Eastend”. With less than 65m to the start of the famed “Hunter St Mall”, this location has consistent heavy foot traffic and will be expected to be an even busier suburban/commercial hub after current construction is completed.
This two-story commercial building has a history of mixed business, retail and bar/restaurants and is surrounded by similar businesses in the area.
Upstairs comprises of side lane access to Theatre Lane, 2 toilets and a large commercial/retail space.
Downstairs comprises of a wide commercial frontage with 2 kitchen areas, commercial/retail space, 2 outside toilets and back access to Theatre Lane.
Internal stairs with top floor and bottom floor separate doors.
This property has huge potential for a lessee who is looking for a short-term lease.
Newcastle Council Rates: $12,104.00
Hunter Water: $870.00 plus usage
Total Outgoings Estimate: $14,929 + GST