HOSPITALITY OPPORTUNITY (SITE) (KEBAB/PIZZA/CAFE/RESTAURANT) - $188,000 (14985)
Located in a prominent corner location on Swan Street, with a premium design.
Now you’re probably thinking who in their right mind would pay $188,000 for key money for a store in Melbourne’s second-best hospitality hot spot (after Flinders Lane) being Swan Street, Richmond. Let’s just say when you have the cheap rental of $78,000 per annum, plus an amazing opportunity of ONE YEARS FREE RENT, let’s just say it’s quite a nice-looking incentive!
Let me give you the run down, current vendors of this premises have spent up to date $263,000 on the premises, all invoices will be happily provided. The premises is at a stage one construction build and has had all CAT 1 constructions works complete.
This includes a 2,500L underground grease trap. Structural walls demolished and structurally re-beamed in order to have an open plan set up, all plumbing systems and even a DDA (disabled toilet) compliant sewerage system installed ready for use. The premises has plans and permits approved for a 83 seat restaurant designed by Cremorne based, famous Melbourne architects. The space is extremely versatile and can be changed into many concepts. Currently approved by council with two liquor licence in place, one being a renewable limited liquor license for consumption of takeaway liquor with packaged foods until 11pm and an additional café and restaurant license until 1am.
Being located at 147 Swan Street, Richmond, it is easy to say there purely aren’t many locations that await you in a hospitality hot spot with multiple surround pubs filled with patrons until late at night, plus the constant MCG and Rod Laver Arena foot traffic of football season. This is a not to be missed opportunity for any serious hospitality operator looking at opening in a premium Melbourne hospitality hot spot with an amazing incentive such as one year rent free.
For more information please contact Steven on 0407 999 888.