Sold - Murrumbeena Wine Bar - 1p5912

In a world where everything seems to have already been done, it is pretty remarkable that the Murrumbeena Wine Bar is in fact the first-ever bar in the area. For commuters filing out of Murrumbeena train station at knock-off time, this casual wine bar is a welcome sight.

The 100-year old building has been renovated into an old English-style bar; the historical photos adorning the walls are a nostalgic nod to the suburb's past with features of dark timber panelling, green brickwork and gold accents. It's surely one of the classiest spaces in the area, where you can pull up at a low table or one of the high stools by the front window for a casual drink. But a recommendation is to slide into one of the comfy leather booths – that seat on the train will pale in comparison. Behind the bar is a very large, fully equipped commercial kitchen. To the rear of the venue is a private dining room that leads out to a sunny outdoor courtyard. The latter is not part of the lease, being a byproduct of the lockdowns and will need to be negotiated with the landlord upon transfer.

The venue has a General Liquor Licence with a comfortable capacity of 100. There are six years remaining on the lease made up of 3+3 with extra terms available to be negotiated with the landlord. Rent comes in at a very low $650 a week including GST. All fixtures and fittings are included in the sale and there are no equipment or supplier contracts being transferred.

The vendor has done a great job with this venue, starting from scratch and creating a lovely little wine bar. This is a perfect starter venue for anyone looking to dip their toe into hospitality but also somewhere nice to end up with after many years serving drinks. The place is very comfortable, everything is set up and it will be simple to just keep on trading. There are financials that show the venue gives a nice income to anyone that wishes to take over. The vendor is looking for offers in the region of $95,000 for the exclusively listed wine bar.