Successful family owned restaurant in booming beachside location
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11 Clarence Street, Port Macquarie NSW 2444

$190,000

BusinessSize: n/a
Block size: 1231 m² approx.
Phone enquiries - please quote property ID 29488.

The Corner is an established award-winning restaurant that has been operating for 12 years with the current owners entering their 9th year of trading. This well run family owned business sits in a prime corner position adjoining the 4.5-star Macquarie Waters boutique apartments.

Delivering a consistent customer experience for locals and tourists alike the business has an excellent reputation attributed to its personalized service and flavorsome menu using fresh local produce. The restaurant-café is renowned for its signature coffee and epic big brekkie.

The restaurant is being sold on leasehold with the benefit of an on-premises LIQUOR LICENSE. A fully equipped commercial kitchen and impressive bar have been purpose-built to manage a high volume of orders including specialized catering and events.

Remaining financially sustainable during COVID-19, bushfire-floods the business adapted by implementing innovative strategies and continues to thrive receiving ongoing support from its loyal clientele.

This is an exciting opportunity for entrepreneurial-minded businesspersons to capitalize on the continued expansion of Port Macquarie and invest in a lucrative enterprise with further potential to grow the business to the next level.

• Established a family business with an excellent reputation
• Transferable LIQUOR LICENSE and seating for approx. 90 patrons
• Beautifully renovated interior and outdoor alfresco with a water view
• Unrestricted access to rooftop ocean view function area
• Tourist precinct with strong foot traffic & loyal clientele base
• Great street exposure, outfront parking, on-site Macquarie Waters
• 2 car basement parking, extensive storage, office, cool room
• Commercial kitchen, modern rustic bar, air-conditioning
• Financially sustainable business in a prime corner position
• Relaxed atmosphere but vibrant with quality inclusions
• Secure 5-year lease with a 5x5 option to renew
• Flexible hours with huge potential to grow business further
• Nearby Town Beach, boutique shops, Glasshouse Theatre
• Full details and financials available for genuine buyers

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist business owners who are looking to sell their own business without paying any broker commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

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Key details

Property type:
Business
Block Size:
1231 *

Other Details

Lot:
CP
Plan Type:
SP
Plan:
77883
Legal description:
CP/SP77883
No Agent Property
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    No Agent Property

Maps and area information

Block information
Block size: 1231 (approx)
Legal description: CP/SP77883
Block Map
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Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
10 Apr 2019
Sold
LJ Hooker Port Macquarie
$467,000
Contract: 10/04/2019
Listed: 18/11/2016
Days on market: 873
Transfer type: Full transfer
07 Aug 2017
Sold
McGrath Estate Agents Port Macquarie
$570,000
Contract: 07/08/2017
Listed: 21/02/2017
Days on market: 167
Transfer type: Full transfer
15 Dec 2016
Sold
LJ Hooker Port Macquarie
$292,000
Contract: 15/12/2016
Listed: 20/11/2015
Days on market: 391
Transfer type: Full transfer
03 Jun 2016
Sold
_Archived_Wiseberry Thompsons Port Macquarie
Listed: 03/06/2016
Transfer type: Full transfer

Port Macquarie suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
49 years
Population
47,693
Listing ID: 181004487. This listing has been viewed 69 times. It was first displayed on 26/09/2022 and last updated on 08/12/2023.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.