206 Tyler Street, Preston South, Victoria

Ragtime Tavern - 1P6362

Expressions of Interest

Business Description

The Ragtime Tavern on Plenty Road in Preston is a throwback to a bygone era; the days of speakeasies and jazz dens. A pianist in the middle of the room, lit by candlelight and a chandelier from above, plays with hands wriggling and rolling across the keys of a baby grand, a commanding presence in the centre of the venue.

There is foot path trading at the front of the venue. And then heading inside the main bar is heavy on the curves, from the bar top circling the piano, to the shelves behind the bar. The circular theme also applies to the piano, which rotates 360 degrees thanks to a small motor. Behind the bar is small room with a bussy station. The main room leads on to the lounge area. This in turn leads on to a covered courtyard with toilets and storage areas and then on to a large garage with parking apron at the rear.

Upstairs is another toilet that adjoins the small function room, which also doubles up as the main dining room for the studio flat that leads off it. There is a large well equipped kitchen and then one long room to live in that just has to be seen. It is not your normal set up. This leads out to the balcony that also has rear access to the courtyard.

The Ragtime Tavern has an On Premises licence until 11pm with a large capacity of 132. There is a comprehensive fixtures and fittings list including the grand piano. There are no equipment or supplier contracts being transferred.

The Ragtime Tavern is being sold as a Freehold Going Concern. The venue suits an owner operator who wishes to run a great little business and then have nice short walk upstairs to get home after work. The vendor ran the venue as more of a hobby than a business , just enjoying life and the environment around the bar, but has recently decided to slow down things hence the sale. The apartment and bar is in very good condition. Everything has been set up so that anyone taking over the place can trade with minimal disruption on transfer. The Section 32 and all the business information is available. Expressions of interest are therefore sought for this unique business and living space.

Business Summary