Her Bar - 1p6143

Business For Sale Rear 62 Chapel Street, Windsor, Victoria 3181

Business Category Alcohol Liquor Shop

Leasehold $195,000

Description

Her Bar - 1p6143

Her is a laneway cocktail bar, hidden away on Windsor Place in Windsor adjacent to the bustling Chapel Street. What originally was a private garage is now comfortable couches, flickering lights and a bar created with an industrial feel that is quaint and designed with a purpose as a perfect place to enjoy a cocktail!

It is all very simple. Entrance is off the lane way in to one large room with the bar tucked away on the right with varied seating throughout. And up on the left is a small DJ booth with toilets at the rear. The venue is open only at the weekend, mainly for functions but if none are booked in, it is a great place to just wander into.

Her has an On Premises Licence until 1am with a capacity of 80. The lease is due to expire in December so that an incoming tenant can negotiate a new lease with extra terms with the landlord. If the venue is not sold the vendor will be remaining on site. Rent comes in at a very low $400 a week including GST. The venue is in excellent condition with all fixtures and fitting included in the sale with no supplier or equipment contracts being transferred.

Her is run under management and the vendors do not have the time to look after the venue and run their other business, hence the sale. The venue is profitable giving a small passive income. But if an owner operator took over it it would not only give an excellent income but this could be expanded upon with increased hours and a more hands on role moving the business forward. There are a complete set of figures available for the vendors request for offers in the region of $195,000 for this exclusively listed venue.
Other Features / Notes
A:LEASEHOLD, B:HOTEL/BAR, C:VIC - Melbourne
Contact Seller

Bsale ID: 648980
Broker REF: 1P6143

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