Gin Dispensary - 1p6005

Business For Sale 472A Beach Road, Beaumaris, Victoria 3193

Business Category Hotel

Leasehold $170,000

Description

Gin Dispensary - 1p6005

The Gin Dispensary is a gin bar and cellar door located on Beach Road, Beaumaris at the site of the former Beaumaris Hotel overlooking Port Phillip Bay. As doors swung open, it was the locals who quickly embraced the Gin Dispensary, recognising the passion and dedication that had gone into creating this exceptional establishment. Through shared laughter, clinking glasses, and unforgettable conversations, the bar swiftly became a place of connection, respite, and celebration.

Outdoor seating is available, providing a perfect setting to enjoy the views of Port Phillip Bay. Heading inside there is the centrally located bar available to give 360 degree service to the whole top floor of the venue. Seating caters for couples, groups and at the bar itself, inside a very clean, light, industrial decor. On the ground floor to the rear of the venue is a long kitchen food and prep area for the function food and light bites that are served. Steps then lead down to the toilets, an office, store room and then on to a private function space that has its own unique underground courtyard.

The Gin Dispensary has a General Liquor Licence for service on and off site until 11pm with a capacity of 100. There are four years left on the present lease made up of 1+3 with further terms available on transfer with negotiation with the landlord. Rent is only $1000 a week including GST. There is an extensive fixtures and fittings list with some excellent equipment included. There are no supplier or equipment contracts being transferred.

The venue is run under semi-management with the vendors splitting themselves between the venue, the Port Phillip Distillery which they also own and other fulltime work. Hence the reason for sale as they have found that they are over stretched. The venue suits an owner operator that can keep the venue as is or change the offering to whatever they wish. The design and cutout can be very easily adapted. There are some good numbers on the financials that shows an excellent income for any owner operator. The vendors are therefore looking for offers in the region of $170,000 (price reduction) for this exclusively listed Gin paradise by the beach.
Other Features / Notes
A:LEASEHOLD, B:HOTEL/BAR, C:VIC - Melbourne
Contact Seller

Bsale ID: 641393
Broker REF: 1P6005

CRE Brokers
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