After more than 40 years consecutive trade, it is time for 'the basement' to find new ownership.

Located at Circular Quay over two levels, the venue has a 24 hour hotel licence and approval for more than 550 patrons.

It will obviously appeal to quality music industry professionals, but can also be evolved into a variety of successful licensed food and beverage concepts.

With some of Sydney's most respected commercial, residential and tourist tenants right on the doorstep, this is an opportunity that does not come around very often.

Inspection is highly recommended.

- 24 hour hotel licence approved over 7 days
- Approval for 550 plus patrons
- Multiple revenue stream cash-flow business
- 10 years remaining on current lease
- Generous outdoor areas - Macquarie and Bulletin Place
- Rare over-sized Circular Quay licensed opportunity