Interlude Bar - A Small Restaurant With Its Own Apartment - 1p6029

Business For Sale 44 Chapel Street, Windsor, Victoria 3181

Business Category

Leasehold $70,000


Interlude Bar - A Small Restaurant With Its Own Apartment - 1p6029

You'll find Interlude Bar nestled amongst the middle of the hospitality strip directly opposite Windsor train station on Chapel Street. The venue has an excellent fit out, with a great location.

There is footpath trading at the front of the venue for ten. Heading in you are met by the long exquisite marble frontage along the open plan kitchen and bar. The kitchen is small but well equipped with capacity to expand. Throughout the venue the seating is designed for intimate couples and small groups. To the rear of the venue are the toilets and cleaning station for the dishes. Then it is out to the large covered courtyard with its fully retractable roof. The bins are stored in a shared cage outside across the laneway. Upstairs is a two bedroom apartment which the present tenants have refurbished and now live there. It can be sublet as it can be accessed from the rear of the property.

Interlude Bar has a Restaurant and Cafe licence until 1am with a capacity of 59. Rent comes in at a low $1039 a week with no GST and is inclusive of the venue and apartment. There are just over six years left on the lease made up of 1+5. There are some very high quality items on the fixture and fittings list with no equipment or supplier contracts in place.

Interlude Bar is perfect for a first time buyer, taking on an excellent fit out and somewhere to live as well. The vendors intended to work full time and run the venue as a side project. However, this has not worked out as planned. So the vendors have decided to put the venue on the market and concentrate on their core businesses. It is being sold walk in walk out with no books with offers being sought in the region of $70,000 (price reduction) for this exclusively listed venue.
Other Features / Notes
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Bsale ID: 643447
Broker REF: 1P6029

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