FREEHOLD LICENSED CAFE/TAKE AWAY FOOD BUSINESS WITH NEWLY BUILT RESIDENCE

Lifestyle Opportunity With Security.  Freehold Shop/Dwelling & Business.  Sold On A Walk In Walk Out Basis.

This popular and well-established long-standing take away plus licensed café has the available seating space for sit down lunch/dinner menu for a new owner wishing to expand the opening hours and menu options. The Cape Woolamai area is hugely popular with locals and tourists.

Options:

Continue existing business; or

Lease business to third party and use accommodation as self contained holiday let; or

Renovate to own specifications for a spectacularly placed forever home!

The shop and home are situated 100 metres from the water’s edge of a most popular bay swimming beach at the end of Cottosloe Avenue with ample car parking for beach access.

The Shop/Restaurant:

The business occupies a 172sqm approx. shop thoughtfully fitted to maximum efficiency comes complete with fryers, grill, fridges, freezers, work benches and all the assets necessary for operations.  Importantly all of these will be included in the sale.  There is a separate office, separate laundry, bathroom & shower and newly established workspaces.

The 52sqm approx. home is at the rear with side driveway access to the front door.  There is also internal access from the shop.  The newly built home with 1 bedroom, 1 ensuite, comfortable lounge/kitchenette and dining area with large north facing glass sliding doors leads out to the private garden.

Points of Interest & Benefit:

Fittings and equipment are comprehensive and modern;

Newly installed 2,000 litre grease trap;

Licensed for 26 patrons with possibility to expand;

Current liquor license;

27kw – 80 panel solar;

3 phase power – driveway car charger;

Complete re-wire and new electricity board;

11 security cameras – room for another 5;

Electronic point of sale system.

The Business End:

Current financials available after June 30 to reflect current turnover.

Comprehensive inventory available.

The current owners have operated the business for 13 years.

Opening hours 4 days per week 11am to 3pm and 5pm to 7.30pm.

This property caters for lifestyle and opportunities with an income stream limited only by your personal endeavours and imagination.

Phillip Island is one of Victoria’s top tourist destinations.

Price guide $1,325,000 (plus GST if applicable).

Inspections by appointment only.

Disclaimer - We have obtained all information in this document from sources we believe to be reliable. However, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. www.1stre.com.au