Property of the Week: Angella Storrier Real Estate - 98 Auburn St, Goulburn | Rare business opportunity

Property of the Week

  • 98 Auburn St, Goulburn
  • Price: $960,000. Going concern, WIWO
  • Real Estate: Angella Storrier Real Estate
  • Contact: Angella Storrier on 0418 427 713 or 4821 9842
  • Email:
  • Inspections: By appointment

Secure a CBD main street location with this circa 1920’s building, which, in recent years, has been sympathetically renovated, modernised and extended. 

The premises is currently operating as the highly regarded 98 Chairs Restaurant/cafe, seating approximately 100 patrons but licensed for 150.

There is a full liquor licence from 10am until midnight and 10am to 10pm on Sundays.

Currently operating five days a week with just five lunches and three dinners, there is great potential to increase business by opening seven days a week and providing breakfasts also.

The fit out includes a modern kitchen and bar, cool room, well appointed bathrooms, spacious dining rooms and an alfresco patio that opens to the rear yard. The interior features extensive use of recycled timber with beautiful natural timber finishes. Upstairs there is a two bedroom flat with kitchen and bathroom, providing comfortable accommodation.

There is potential for further development of serviced apartments on the 505 sqm block with laneway access (STCA).

98 Chairs is a popular functions venue with bookings secured throughout 2017/2018. The excellent and well trained staff are all willing to stay on for a new owner. Current owners are willing to stay to facilitate an easy handover.

Don’t miss this opportunity to secure a spot with significant business potential that also offers the convenience of on-site living with the chance for future expansion.

Inspections by appointment only.

This story Commercial opportunity first appeared on Goulburn Post.