Iconic Bar, Restaurant And Live Music Venue

This is a fantastic opportunity to takeover one of Mornington's most iconic Bar, Restaurant and Live Music venues, with excellent high exposure on a corner location, with huge potential to grow.

The premises occupied by the business is fitted with funky fit-out and thoughtfully designed for maximum efficiency, and the sale will include all assets necessary for operations. Notably, the business boasts a substantial seating capacity, licensed for up to 219 patrons across its indoor, outdoor and beer garden areas.

Currently, the venue is run semi-under management, offering a unique investment opportunity. With reasonable rent and a secure 10 year lease in place (comprising of current term plus 2 x 5-year option terms), investors can step into a thriving business with a solid foundation.

It's worth noting that the business has been successfully operating for 15 years, with the last 7 years under the same owner, reflecting its stability and proven track record.

Key Features:

- Fantastic reputation
- Solid Takings
- Long Lease in place
- Large indoor and outdoor spaces
- 166 seating capacity inside and 70 outside with the opportunity to expand
- 1am liquor license, allowing it to operate late into the night
- High visibility corner location
- Ample free parking around
- High Foot Traffic

The existing business creates the groundwork and framework on which a new owner could continue to build. There is also the opportunity to expand the business by taking over the neighboring venue, merging the 2 into one, which will increase capacity to over 400 patrons.

An inspection is highly recommended to fully appreciate the allure and potential this establishment offers.