Iconic Pub In A Prominent Corner Position In Port Melbourne. $495,000 (16114)

Business For Sale Port Melbourne, Victoria 3207

Business Category Alcohol Liquor Shop Restaurant

$495,000

Description

Iconic Pub In A Prominent Corner Position In Port Melbourne. $495,000 (16114)

This is an extremely rare opportunity to own an iconic piece of Melbourne's history! Established over 150 years ago in 1860, this gorgeous pub has long provided Melbournians with a local place to meet up, catch up, celebrate and commemorate with a fine glass and a good plate.

The large double story premises has been fully refurbished, however still displays all it's original stonework and unique arched windows, all while providing a modern and inviting ambiance, making it the perfect space for casual drinks, dinner, and functions. Consisting of an award winning set up including a full commercial kitchen, new bathrooms, a huge bar downstairs and seating for over 400, the space is extremely versatile and the possibilities ae endless.

Key features include:

*Taking $25,000 per week with huge potential to increase
*3am Liquor license
*Open 7 days per week
*Prime corner location off a busy main road in Port Melbourne
*Huge street exposure, well known destination
*$2,892 Rent per week
*Excellent 20 year lease in place
*Semi managed
*Surrounded by cafes and key retail outlets

For more information please contact Ross Morelli from LINK, formerly Klemms on the below:
Phone: XXXXXXXXXX
Email: XXXXXXXXXX

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Additional Details

Price: $495,000
State: Victoria
Years Est.: 162
Net Profit: $4,500
Stock Value: $100,000
Lease Options: 5+5+5+5
Contact Seller

Bsale ID: 545695
Broker REF: 16114.1

Link Business Melbourne
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