HIGH QUALITY RESTAURANT/ WINE BAR/ FUNCTION VENUE OPPORTUNITY CARLTON
We have been instructed by our corporate client to secure the assignation of a prime trading site in a highly sought after location in central Carlton close to Fitzroy, Collingwood, Brunswick, Melbourne CBD and Parkville. This is a 100+ cover restaurant with the provision for outdoor seating in a destination location. This is a very well know venue with extremely strong branding within the industry. This opportunity will be of interest to a variety of different international cuisines. Internally, the site comprises a gross internal area of 380 square metres. The passing rent is $97,000 per annum with 3% annual increases and a long term lease of 12 years. This business is not suitable for a first time buyer as the lease will be assigned on the basis of covenant strength. This opportunity would suit a corporate plc, multiple operator and those who have a strong background in business and restaurant ownership & management.
If this business is of interest to you and you require further information, please contact the exclusive agent – Boston Business Brokers on 03 9041 5608.