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ICONIC RESTAURANT

St Kilda 3082
$1,300,000

Description

PRACTICALITIES AND POSSIBILITIES…

Walk in and work this successful, fully setup 70 (licensed for 107) seat restaurant, run a stand alone designer bar and dining room – and then expand the dream to utilise the large outdoor terrace and courtyard area positioned with its own fitted out modern kitchen.

Moving upstairs via the separate gated entrance, a world of opportunity awaits. A multitude of hospitality, artistic or retail ventures will present themselves to the right individual or group. Party privately or publicly in the old world like salons, enjoy the balcony view and realise the potential that this venue, under one long lease can offer.

Cocktails, events, back bar, fish and chips or burgers, St Kilda is known for many things. Layers of possibilities exist in this unique offering of both present and future business ideas.

With the opening of The Espy, The Prince of Wales and a $550 million beachside apartment development currently underway, not to mention the recently renovated Gatwick apartments, and a rejuvenated Stokehouse there’s never been a better time to buy in St Kilda as its buzzing with new life and exciting times ahead.

Call or SMS Marc to inspect 0412 359 907.

BUSINESS HIGHLIGHTS:

Sales of $4 million p.a

Licensed for 107 patrons including a private dining room

Great location in high foot traffic area with busy main road exposure

Open 7 days for Lunch & Dinner

On point chic fit out and design, along with an currently unused rooftop opportunity

Under Management – opportunity for owner operator to purchase and reduce wages considerably

One of the most popular restaurants in St Kilda

Popular Food Destination – High Profile Retail and Nightlife Locale

“Restaurant & Cafe” Liquor Licence 7 days until 1am Mon – Sat (11pm Sunday)

Fully fitted commercial kitchens including cool room and freezer

Financials available for qualified buyers 

Asking Price: $1.3 million

Call or SMS Marc on 0412 359 907

  • St Kilda 3182, Melbourne, Australia
Marc Di Genova
Marc Di Genova
0412 359 907
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