Fitzroy North, Victoria 3068

Corner Hotel with TAB. Huge Potential. Inner City Fringe. $298,000 (16049)

For Sale | $298,000

Alcohol/Liquor Bars/Nightclubs

Excellent opportunity to purchase an absolute institution in the area!

Established since 1926 this double storey hotel/pub stands out among the crowd. The spacious venue consists of a full kitchen, a main bar, a dining room/bistro area, a TAB, 6 lettable rooms upstairs, seating for 259 inside and 50 outside, a bottle shop, and a rooftop garden plus much much more!

Strategically located on the corner of two busy major intersections in North Fitzroy, a highly desirable suburb on Melbourne's city fringe, the business sees endless passing traffic daily and holds huge street exposure.

Key features include:

*Taking $25,000 per week
*20 Year lease
*Run under management
*Open 7 days per week
*Prime, stand alone corner location
*Affordable rent
*Licensed
*Huge potential

For more information please contact Gerry Morelli from LINK, formerly Klemms on the below:
Phone: 0417 353 120
Email: gerry.morelli@linkbusiness.com.au

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Business Snapshot

Price: $298,000 Lease Options: 20 Years

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Gerry Morelli



Marketing By


Gerry Morelli

LINK, formerly Klemms

Overview

This Alcohol/Liquor Business is one of 87 businesses for sale in Preston, Victoria, and one of 9 Alcohol/Liquor Businesses in this region that a business for sale currently has on offer. This Alcohol/Liquor Business is for sale in Preston for the asking price of $298,000 and has been on market for less than 3 months.