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

$298,000

Fitzroy North, Victoria

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

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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Features

Business Snapshot

  • Price: $298,000
  • Lease Options: 20 Years

Business Links / Tools

Last updated: 27th November 2020

Summary

Property Type
Business
Contract Type
For Sale
Location
 Fitzroy North
State
 Victoria
Price
$298,000
Category
  • Alcohol/Liquor
  • Bars/Nightclubs

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Agency

LINK, formerly Klemms

LINK, formerly Klemms

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