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Prime Near City Location Bar & Eatery for Sale – Make An Offer
Internal Ref: 1P6401
Summary
You'll find Neptune Food and Wine on High Street in Prahran just off the Chapel Street junction. The two-storey venue has an interior that is low-lit and moody, with warm lighting, dark timber furn...
Location Details
High Street
About the Business
You'll find Neptune Food and Wine on High Street in Prahran just off the Chapel Street junction. The two-storey venue has an interior that is low-lit and moody, with warm lighting, dark timber furniture and black ceilings that contrast with exposed-brick walls.
There's footpath seating to the front of the venue. The bar is located towards the front, as are the wine fridges which are full of options to drink in or take home. This leads into the middle dining section, with a mixture of tables and booths, with a lounge and fireplace at the rear. It all comes together nicely to create the kind of space you want to be enjoying wine and food in. To the rear of the venue is a very large fully fitted commercial kitchen with cool room. Rear access to the lane way is through a large storage and bin area with the upright freezers co-located. Independent access to the function room upstairs is from a side door next to the main entrance. The function room has its own bar, toilets and sound system.
The Neptune has a General Liquor Licence until 1am on site and 12pm off site with a capacity of 163. There are six years left on the lease made up of 1+5. Rent is $3000 a week including GST. Depending on the proposed tenant the landlord will add extra terms and also review the rent. There are no equipment or supplier contracts being transferred.
The vendors have multiple venues and the service offering from the group has changed over the years. Therefore this venue is now no longer part of the groups long term plans as it is now only open for functions. Neptune suits an owner operator that wishes to capitalise on the great fit out, location and excellent kitchen. The vendors are looking for only $65,000 for this exclusively listed opportunity.
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