melbourne@linkbusiness.com.au      + (61) 3 9819 4211

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

$298,000

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

Strategically located on the corner of two busy major intersections in North Fitzroy

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 Takings: $25,000 p/w

Listing ID: 16049

Overview

  • Listing ID 16049
  • Status For Sale
  • Location FITZROY NORTH
  • State Victoria
  • Price $298,000

BROKER CONTACT

Gerry Morelli
  Contact Us
  LINK Business Melbourne

551 Glenferrie Rd
Hawthorn VIC 3122

Tel : + (61) 3 9819 4211
Mail : email enquiry
Business Hours : M-F 9:00 - 5:00