Under Contract - Hooch - A Small Bar With A Great Fit-out - 1p5262

Business Under Offer 320 Brunswick Street, Fitzroy, Victoria 3065

Business Category Restaurant

Under Contract / Offer

Description

Under Contract - Hooch - A Small Bar With A Great Fit-out - 1p5262

You'll find Hooch behind a discreet wood paneled door in the thick of the action on Brunswick Street not far from the Johnston Street Junction. They say if the light is on then someone is in and you'll find a Whiskey bar set in a dark discreet shack from the deep south, during the prohibition era.

At the front there is foot path trading for six and then heading inside it is just one room. The bar and kitchen line one side of the venue. Opposite are booths in a little shack with the remainder of the space filled by bar stools lining the bar. There is another set of booths at the rear of the venue and passing them there is a door that leads out to the toilets which are shared with the restaurant next door. Past the kitchen is the kitchen cleaning area, storage and an office. This leads on to an outside area and a car parking space that comes with the venue. Hooch has had a complete rebuild and brand change during Covid and launched after the lock downs were lifted. The whole place is designed for a quiet, intimate drink with friends.

Hooch has a restaurant and cafe licence until 1am with a capacity of 37. There are six years left on the lease made up of 1+5. Rent is $1600 a week including GST and the landlord is willing to negotiate extra terms and also extended rental assistance. Everything in the venue is included and there are no contracts or supplier agreements in place. As Hooch has just been created everything is in excellent condition.

The vendor saw an opportunity and took the venue on and has created an excellent bar. However, he has three others, including one interstate and so cannot be there all the time. The income does not support the venue being run under management but the place is the perfect spot for an owner operator. So the vendor is reluctantly putting the venue on the market at a very realistic price of $75,000 for a walk in walk out sale of this exclusively listed venue. What a great opportunity to take on a brand new bar.
Other Features / Notes
A:LEASEHOLD, B:HOTEL/BAR, C:VIC - Melbourne
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Bsale ID: 537818
Broker REF: 1P5262

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