177 Maroondah Highway, Healesville, Victoria

Leasehold $285,000

Property Description

Herd Bar & Grill - 1P4251

Just off the main drag in the increasingly busy Healesville, Herd wouldn't be out of place in the city. The building is one of the most striking in town, a collection of warm, wood slats standing to attention like a bundle of matchsticks, and inside it's a contrasting mix of genres and textures with a masculine bronze, gold and black colour scheme, and deco flourishes inspired by The Great Gatsby. Keep exploring and you'll find a series of striking wall finishes by local artists from a tranquil rainforest scene, to blocks of recycled wood, to bright green astroturf. And as you push further into the venue you descend progressively into the underground.

Not only is there a small courtyard with bleacher seating and tables but bench seating along the length of the outside of the venue. Heading inside you go in past the bar to the first level of varied seating and then step up on to the next level towards the rear of the venue with its sofas and more tables. Recessed in one wall behind glass and accessed behind the wall is a very visual wine cellar. Behind the bar is a well equipped commercial kitchen supported by a two dry stores and a cool room. There is a very large free car park to the rear of the venue with all patrons coming from it having to walk past the venue to gain access to the main street. Many never get past Herd!

There will be a brand new lease of fifteen years made up of 5+5+5 with rent coming in at under $1600 a week including GST. Herd has a General Licence until 1am on premises and 11pm off premises with a capacity of 100. There is an extensive fixtures and fittings list and Herd is in excellent condition.

The venue suits an owner operator who can maintain the business as it is looking after both local and tourist trade yet still expand the various income streams to capitalise on the ever growing number or visitors to Healsville. The vendors are also the landlord. They have set the venue up over the last three years and now wish to hand the baton over and look at their other developments. With an average weekly income of over $22k a week this venue is low risk, high reward with the vendors looking for offers in the region of $285,000. Vendors terms are available.

Property Summary

Hotel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Other Features / Notes

A:LEASEHOLD, B:HOTEL/BAR, C:VIC - Melbourne, C:VIC - North, C:VIC - North East

Marketing Agent


Marketing Agency

CRE Brokers

Lloyd Nunn
CRE Brokers

Phone

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Map Location ( get directions )

177 Maroondah Highway, Healesville, Victoria 3777

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