Cider House - 50984L
Known as 'Australia's Home of Cider' and an innovator for Craft industry venues. The Brunswick Street Cider House is a Bar, Restaurant & Function venue, and a pioneer being the first venue in Australia seriously dedicated to cider. You should have guessed already that it is in the middle of the Brunswick Street entertainment district and so there is a huge amount of foot traffic as well as those that head to the venue to get their fix of boutique ciders.
On the ground floor there is a large bar and to the rear a good sized commercial kitchen. Seating through out caters for couples on private tables up to large groups on some very large tables. To the front of the venue there is footpath trading for 12. At the rear of the venue there is large open air courtyard that is a quiet area off the main street where patrons can enjoy lazy afternoons in the sunshine. Upstairs there is an open plan, self contained function room with some unique fittings, its own bar, toilets , DJ booth and dance floor.
The venue has a late night on premise licence until 3am with a capacity of 290. There will be a brand new lease upon transfer of 5+5+5 with rent including GST being $3,300 a week. All fixtures and fittings are included in the sale and the venue is in very good condition. There are extensive books that show the expenditure but when you read them as usual not the whole picture.
The Brunswick Cider House has a very good team that will remain in place if required and will continue to manage the business. So the venue is ideal for a group expanding their portfolio or an owner operator that can spend the time on the venue to really utilise its great location, set up and reputation. The owners wish to spend more time with their family and are looking to downsize to a smaller venue, so are looking for offers in region of $175,000. (PRICE REDUCTION)
Other Features / Notes
A:LEASEHOLD, B:HOTEL/BAR, C:VIC - Melbourne