Strategically positioned within the tightly held Neutral Bay dining precinct in close proximity to one of the largest, most successful venues north of the Sydney CBD, “The Oaks” hotel, this opportunity represents the only food and beverage venue available for lease in this popular dining destination.

Perfect for a small bar or restaurant but also well suited to a cafe and fast food outlet.

Given the Grosvenor Lane position, in addition to line of sight to The Oaks famous courtyard and its main entry on Ben Boyd Road, only 40 metres west, the venue also benefits from line of sight and only 50 metres to the Grosvenor Street dining strip which includes Italian Street Kitchen, Tonic Lane (cafe/bar) and Bourke Street Bakery all of which include outdoor seating for over 100 patrons to Young Lane which is now a no traffic mall style pedestrian thoroughfare.

Others in close proximity include the popular SoCal small bar/restaurant, Grilld, Ribs and Burgers, Firefly, The Farm Wholefoods, Kyushu Japanese Restaurant, Wild Basket, The Colonial British Indian Cuisine, Woodland Kitchen and Bar, Crust Pizza and more.

The property is located in close proximity to the Neutral Bay bus interchange that services the Sydney CBD, the Neutral Bay/Cremorne/Mosman peninsula and the Northern Beaches.

A significant amount of new high density residential development is occurring in the affluent suburbs of Neutral Bay and Cremorne and over 100 new apartments are being built or have recently been completed within metres of the tenancy.

Tenancy Details:
Approval for 60 Patrons with 7am to midnight trade well suited to an “all day trader”
Small Bar liquor licence already obtained and paid for (only requiring transfer to tenant)
Approximately 100 square metres, deceptively large space given the high ceilings
Modern brand new high quality development with lobby access adjacent to the venue
Additional outdoor dining area
High ceilings (3.75 metres)
Efficient floor plate allows flexibility in design
Separate multi-purpose room (large enough for office, storage, refrigerated food storage or all of these uses)
Ample toilets already installed, including disabled amenities
Air-conditioning already installed
High capacity grease trap already installed
High capacity exhaust already installed
Kitchen and bar drainage provided underneath the floor slab (awaiting only tenant core drilling in their desired locations and connection)
All services available for connection and approval for any required heating/cooling equipment already granted
Awning mounted illuminated signage visible from The Oaks beer garden with approval for shopfront reconfiguration and full facade signage
Excellent, easy, close access to rear loading area and bin store
Secure bicycle storage for your local employees and easy street parking

Council Approved Hours:
Thursday to Saturday 7am to midnight with patrons to leave prior to 12:30am
Monday to Wednesday 7am to 11:00pm with patrons to leave prior to 11:30pm
Sunday 7am to 10:00pm with patrons to leave prior to 10:30pm

Generous landlord fit out contributions of $50,000 to $100,000 are available subject to negotiations as well as a 3 to 4 month rent free period, depending upon the proposal.

Note that Development Consent for the small bar/restaurant has already been obtained so the tenant only needs an easily/quickly obtainable Complying Development Certificate (CDC) for their specific layout. The current approved layout is indicative only and can be modified. Further dealings with Council are not necessary and this consent represents a rare and flexible “Small Bar” approval and licence combination allowing drinks to be served without food which when combined with the midnight trading and size/capacity is rare for the Neutral Bay dining precinct.

Please contact us now for an inspection of this brand new site ready for you to start your fitout works now.

Disclaimer: We have been furnished with the above information, however, For Sale For Lease gives no guarantees or undertakings concerning the accuracy, completeness or up-to-date nature of the information provided. All interested parties are responsible for their own independent enquiries in order to determine whether or not this information is in fact accurate.