Under Offer - Chapel Street - Wonderland Bar - 1p5359

Business For Sale 37-39 Chapel Street, Windsor, Victoria 3181

Business Category Hotel Restaurant

Leasehold $400,000

Description

Under Offer - Chapel Street - Wonderland Bar - 1p5359

You'll find Wonderland opposite the Windsor train station on Chapel Street. You can't really miss the place, as it has a huge outside area that is always full with the after work crowd during the week and party goers at the weekend. Not only is there covered and heated seating all down the side of the venue on Maddox Street but also to the front of the venue on Chapel Street. This gives the venue one of the largest outside areas available on Chapel Street which is rather handy to have in these Covid times.

Heading inside the central bar dominates the venue. The tables are set up for groups in the main bar area and then cosy sofas in a small area by the bar and around the fire place at the rear. For those wanting privacy an old walk in safe room has been converted in to a private space. The other side of the bar has walled bench seating and tables. To the rear of the venue is a small commercial kitchen that leads out to the cool room and storage area. Opposite the toilets is a good sized well equipped office.

Wonderland has an On Premises Licence until 1am with a capacity of 175. Rent is $2000 a week including GST. There are four more years on the lease with the landlord happy to negotiate extra terms. The venue is in good condition having been refurbished during the first lockdown. All fixtures and fittings are included in the sale and there are no equipment or supplier contracts in place.

Wonderland is run under semi-management at the moment. So the venue can be taken over by a hospitality group putting their own manager in place or the venue is also ideal for an experienced owner operator. There is a very good set of financial information showing a consistently profitable venue. The vendors wish to downsize their hospitality portfolio and so are looking for offers in the region of $400,000 for this exclusively listed venue.

Hotel Information

  • Restaurant Facilities: -
  • Liquor Licence: -
  • Restaurant: -
  • Lease: -
Other Features / Notes
A:LEASEHOLD, B:HOTEL/BAR, C:VIC - Melbourne
Contact Seller

Bsale ID: 561200
Broker REF: 1P5359

CRE Brokers
Make Enquiry

Thank you, your enquiry has been sent now.