Darlinghurst Cocktail Bar with 24hr Licence Approval Pending

Description

24hr licence (application pending June 2026) + full street pedestrianisation planned for November 2026 Vibrant 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 SAV A 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 visibility This 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.