Under Offer - Tino Brunswick - A Venue In Excellent Condition - 1p5932

Business For Sale 341 Sydney Road, Brunswick, Victoria 3056

Business Category

Leasehold $50,000

Description

Under Offer - Tino Brunswick - A Venue In Excellent Condition - 1p5932

The team from The Vale took over the old Rascal location on Sydney Road, then in the vintage space opened up Tino. They brightened the venue to highlight its archways, brick walls and polished wooden floors. The concept has been completed to an extremely high standard but now the vendors are moving onto a much larger venue.

There is footpath trading for eight at the front of the venue. Then through into the main room, if you want to settle in, there are some secluded booths at the back of this stunning eatery, and a number of various tables great for varied group sizes. The bar is on the right and to the rear of the venue is a smaller dining area, ideal for larger groups and functions. The large fully equipped kitchen is split into two, with the cooking area on one side of the venue and the cleaning and storage area on the other. Outside, in the covered car park, is the bin area - with three car spaces and a lock up store included. Upstairs, above the bar, is a large room used for storage and an office. Underneath, and accessed from the lane way, is the cellar.

Tino has a General Liquor Licence until 11pm, with a capacity of 86. There are seven years remaining on the lease made up of 1+3+3 with extra terms available upon negotiation. Rent comes in at $1442 a week including GST. There is an extensive fixtures and fittings list of some excellent equipment that is included in the sale.

The venue suits an owner operator that wants to take on a venue in excellent condition, a great location, and then bring their ideas to the venue. There are books but they show the venue moving from opening to beginning to make some good income. So the vendors would like to sell but do not have to. Hence, they are looking for offers in the region of $50,000 (Price Reduction) for this exclusively listed venue.
Other Features / Notes
A:LEASEHOLD, B:HOTEL/BAR, C:VIC - Melbourne
Contact Seller

Bsale ID: 633893
Broker REF: 1P5932

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