Darlinghurst Cocktail Bar with 24hr Licence Approval Pending

Description

24hr licence (application pending June 2026) + full street pedestrianisation planned for November 2026Vibrant location, offered as a WIWO asset sale and priced to sell with a motivated vendor. Fully licensed and no cooking required. All serious offers considered. $98,000 plus SAVA rare opportunity to own a stylish and well-established cocktail and wine bar located in the heart of Darlinghurst, one of Sydney's busiest and most vibrant nightlife destinations. The street is being redeveloped into a pedestrian-only zone, with a $5 million budget allocated (STA).Specialising in boutique wines, craft beers and expertly crafted cocktails, this intimate venue operates without a kitchen, making it ideal for first-time operators, experienced hospitality professionals, or a hands-on couple seeking a turnkey business with character and charm.Currently trading 5 nights per week, the business benefits from a strong local following, growing foot traffic and regular exposure from major street events in the area.Key investment highlights:• 24hr licence (application pending June 2026) + full street pedestrianisation planned for November 2026• Prime location in a high foot traffic precinct in Darlinghurst, surrounded by dining and entertainment• Weekly takings approximately $9,000 to $10,000, with multiple upcoming functions and Christmas bookings• Run under management, with strong upside for an owner operator or couple through reduced wage costs• Indoor and outdoor seating for 60 patrons, licensed for up to 100• Late night liquor licence Wednesday to Saturday, 4pm to 12am• Fully fitted out venue with stylish décor, no further spend required• Lease to December 2026 with 3 year option, 3% annual increases and 3 month bond• Staff structure includes 1 full time manager and 4 casuals• Rent $1,724 per week plus GST and outgoings• Strong community engagement with two major street festivals annually driving additional trade and visibilityThis bar represents a unique opportunity to take over a fully operational venue with low overheads, established branding and a loyal customer base.Suitable for buyers looking to enter hospitality or expand an existing portfolio in a premium inner city location.