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Outstanding Hospitality Opportunity

98 Margaret Street, Launceston
$45,000pa Plus GST / Outgoings For Lease
  • 300 sq metres


There is no doubt that Australians are eating out more and embracing the amazing hospitality ventures that are available all around us. In this current climate it can be difficult to stand out from the crowd and be unique in your offering, however, it would be safe to say that 98 Margaret Street satisfies both of these requirements.

The property has been home to the very popular and well loved ‘Broth Me’ restaurant since January of this year, but due to personal circumstances the existing business owners are unable to continue trading.

This outstanding tenancy is now offered for lease subject to the purchase of plant & equipment. The old church hall has been completely re-fit as of January 2019, with high quality fixtures and fittings being used throughout.

With the current shortage of hospitality options on the market for lease, a high quality offering such as this will surely not last long.

-Located on the corner of Margaret and Balfour Streets
-Restaurant 200m2 approx. / Kitchen 100m2 approx. / Upstairs 100m2 approx.
-Zoning ‘Inner Residential’ (11.0)
-Restaurant seats 60+ people comfortably
-Bar (Liquor licence can be transferred)
-Air conditioning / Heating
-Large car park at rear available
-Full commercial kitchen
-DDA compliant including ramp access
-Substantial storage areas
-Separate staff room upstairs with amenities
-Plant & Equipment list available on request
-Approved plans for outside deck / dining area

To learn more about this property, contact Andy at Howell Property Group