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Prime Near City Location Bar & Eatery for Sale – Make An Offer
Internal Ref: 1P6320
Summary
Set along the bustling Lygon Street in Melbourne's East Brunswick, The Moldy Fig is a corner restaurant that hits all the right notes. The mural of Bourbon Street on the feature wall is the recreat...
Location Details
Lygon Street
About the Business
Set along the bustling Lygon Street in Melbourne's East Brunswick, The Moldy Fig is a corner restaurant that hits all the right notes. The mural of Bourbon Street on the feature wall is the recreation of a French Quarter building in New Orleans with the larger than life life sax player mural adorning the front brick entrance, welcoming passers by into a moody, yet colourful atmosphere of timber tables, vibrant artworks and a backdrop of themed music.
Heading inside there is a central dining area with views into the large well equipped commercial kitchen and across to the bar and area where the musicians set up when the music is on. Down past the kitchen there are two open fronted rooms for small groups to dine. At the rear of the venue is a large open courtyard that has been set up for dining but can be used for storage or car parking. Upstairs there is a a two bedroom apartment, perfect for an owner operator to live in or manage the venue from.
The Moldy Fig has just over 11 years remaining on the lease made up of 1+5+5 with rent coming in at $1,600 per week including GST. The venue has a Restaurant and Cafe liquor licence until 1am with a large capacity of 150. There is an extensive fixtures and fittings list included and no equipment or supplier contracts to be transferred.
The Moldy Fig suits an owner operator either continuing the venue with its present theme, but perhaps a different food offering, to take advantage of the amazing murals, decor and fit out. After eight years on site the vendor wishes to retire overseas. The venue is being sold on a walk in walk out basis with no books. The vendor is looking for offers in the region of $98,000.
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