Summary
Rare inner-Brisbane business + 4-bedroom residence. Versatile licensed venue with large outdoor area, entertainment spaces and brand-new liquor licence. Walking distance to train station,Hospital
Location Details
Annerley Road
Prime Annerley location on Annerley Road, walking distance to train station & PA Hospital. Easy access to Brisbane CBD and inner-south suburbs. 2 onsite car spaces plus ample street parking. Excellent public transport access.
Potential
Significant scope to grow beyond the current operation, which is run by just one person, 5 days a week with short daytime trading hours. There is currently no commercial kitchen, but there is space and potential to install one, subject to approvals. Further opportunities include evening trade, the brand-new liquor licence, functions, private events, live music, entertainment, outdoor trade, catering and introducing a new hospitality concept.
Hours
Currently operated by one person, Tuesday–Saturday, 8am–2pm, leaving substantial scope to extend trading
Lease
Established More than 2 years remaining + 3-year option. Lease includes commercial premises and 4BR residence.
Employees
1 owner/operator. No permanent staff currently required. Significant scope to add staff as trading hours and revenue are expanded.
Reason for Sale
Owners are ready to move on to their next opportunity and are offering a new owner the chance to develop the business and realise its significant potential.
About the Business
Offers a rare opportunity to acquire an established inner-Brisbane business together with a substantial 4-bedroom, 2-bathroom residence.
Currently operating as a daytime hospitality venue, the business is run by just one person, five days a week with short trading hours of Tuesday–Saturday, 8am–2pm. This provides a simple existing operation with significant scope for a new owner to expand.
The premises feature approximately 150m² of commercial space, a large private outdoor garden and entertaining area, seating for approximately 80, entertainment areas including a pool table and jukebox, two onsite car spaces and a brand-new liquor licence.
The location is a major advantage, with the premises within walking distance of a train station and the Princess Alexandra Hospital, as well as convenient access to Brisbane CBD and surrounding inner-south suburbs.
The current operation is only one possible use of the premises. There is significant potential to extend trading hours, develop evening and licensed trade, functions, private events, live music, entertainment, catering and outdoor events, or introduce a new hospitality concept, subject to approvals and lease conditions.
There is currently no commercial kitchen; however, there is space and potential to install one, subject to the necessary approvals.
The included residence creates a particularly attractive business-and-lifestyle proposition for an owner-operator, hospitality couple, family or entrepreneur wanting to live and work in inner Brisbane or provide staff accommodation. The flexible layout may provide scope for short-stay accommodation or a whole new direction with backpacker/boarding house operation.
The combination of an established business, versatile premises, 4-bedroom residence, liquor licence, large outdoor area and excellent location makes this a unique opportunity with significant untapped potential
History
Established Annerley venue with a long local history and strong community recognition. Current owners have continued developing the premises and recently obtained a brand-new liquor licence.
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