Internal Ref: 1P6586
Summary
It's tempting to call Glou a bar and bottle shop, until you notice there isn't a single full bottle on the shelf. Glou has reimagined wine retail for the modern, sustainability-driven consumer. Ope...
Location Details
Smith Street
About the Business
It's tempting to call Glou a bar and bottle shop, until you notice there isn't a single full bottle on the shelf. Glou has reimagined wine retail for the modern, sustainability-driven consumer. Operating exclusively from kegs, it does for wine what growlers have long done for craft beer. Customers can either drink the wine in the venue or simply rent a reusable glass bottle, choose from the curated on-tap selection, and refill as needed.
Positioned in the heart of Smith Street, Glou benefits from strong pedestrian traffic, prominent footpath trading, and a fully furnished parklet that enhances both visibility and seating capacity of 40, strengthening the venue's day-to-night trading appeal. Inside, the fit-out delivers understated European sophistication. Inspired by Berlin's minimalist wine bars, the space features high ceilings, clean architectural lines, and a long timber tasting bar anchored by a custom tap font system. To the rear is a semi-private, curtained function areas ideal for tastings, small events, or intimate gatherings followed by well-positioned amenities, storage, and convenient rear laneway access.
Above the venue sits a spacious one-bedroom apartment. Currently utilised by the owner-operator, this residence presents lifestyle advantage: live on-site and dramatically reduce overheads or create an independent rental income stream via existing separate access. Few hospitality opportunities offer this dual commercial and residential flexibility.
Glou has a General Licence, on-site until 1am, off-site until 11pm with an inside capacity of 50. The lease has ten years remaining made up of 5+5. Rent is $1,650 a week including GST. All the bar fixtures and fitting are included in the sale except for the wall art.
Glou represents more than a wine bar, it is a proven, future-focused retail model in a location where sustainability is not a trend, but an expectation. It is equally suited to its current sustainable large format wine model or easily repositioned to suit an alternative hospitality concept. Glou is currently generating a solid income for an owner-operator, with full financial records available. The combination of manageable rent, long lease security, and residential accommodation significantly strengthens the business case.
With an asking price in the vicinity of $120,000, this exclusively listed business offers both commercial viability and lifestyle appeal, a rare combination in today's market.
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