Lily Blacks - 1p6091

Lily Blacks is a cocktail connoisseur's dream. The World Class drinking venue is tucked away on Meyers Place in Melbourne's Paris end of the CBD amongst some other outstanding venues. The venue is a favourite amongst the discerning after work crowd – or anyone after a perfectly stirred drink, for that matter.

In the afternoon the street is closed off and out come the chairs and tables for a lovely al fresco drinking environment. Heading inside this art deco-style bar there are many seating options from soft bench seating, bar stools and high tables all to cater for just about any size of group. From wherever the patrons sit they have a great view of the spirit tower in the bar's central island. To the rear of the venue is a store room. A cool room, with the beer chiller system, is attached directly to the bar.

Lily Blacks has a late night on premises licence until 3am seven days a week with a capacity of 95. There are no security restrictions. There are seven years left on the lease made up of 2+5. Rent comes in at $2780 a week including GST. All fixtures and fittings are included in the sale and there are no supplier or equipment contracts to be transferred.

Lily Blacks is part of a hospitality group that is downsizing. The venue is run completely under management. So there is plenty of scope for a passive income and an excellent return of investment for an owner operator. There are a full set of books showing the trade for the last two years. The vendors are looking for offers in the region of $195,000 for this exclusively listed cocktail bar.