Skip to main content

Accommodation & Tourism business for sale in Belgrave

  • Accommodation & Tourism
  • 65 Monbulk Road Belgrave VIC 3160
  • Leasehold $275,000

Sold - 1p5139

The beautifully presented Micawber Tavern is situated on the edge of Sherbrooke Forest heading east out of Belgrave towards Kallista. This sprawling and picturesque venue has everything to cater for not only the locals, but the huge numbers of day trippers and holiday makers heading up in to the Dandenongs.

Once visitors are at the Micawber Tavern they can experience being able to explore the meandering creek that runs through the property, walk amongst the natural gardens or relax outdoors in the popular beer garden. Heading inside patrons are welcomed by an old-world charm with a huge number of memorabilia items prominently on display. These surround a number of booths, bars and dining areas that cater for those who want to meet as a group, as well as those who prefer an intimate chat. On the lower level there is a stage for live music and across from this during the winter months a warming Coonara log fire.

Behind all of this is a very large fully equipped commercial kitchen, offices storage and cool rooms. There is plenty of parking at the rear of the venue and a large amount of outside storage space.

The Micawber Tavern has an On Premises licence until 1am with a capacity of 180. Rent is $2200 a week including GST with a very long thirty years remaining on the lease made up of 5+5+5+5+5+5. There is an extensive fixture and fitting list.

The Micawber Tavern is a lovely venue that suits a family set up of owner operators. The venue has been run as such for over twenty one years by the present owners. The vendors have decided to move away from hospitality to concentrate on family as they are no longer able to drive the business to its full potential. It just needs someone to come in take over and bring a fresh set of eyes and dynamism to improve on a good base of operation. There is a good set of financial information and the venue is fully booked nearly every night at the moment. The vendors are looking for offers in the region of $275,000 (Price Reduction) for this outstanding exclusively listed opportunity. Expressions of interest will also soon be sought for the freehold.

This venue is now UNDER OFFER including the freehold.

Lloyd Nunn
CRE Brokers
Lloyd Nunn
CRE Brokers

Business Highlights

Business ID2016686480
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  8 Dec 2020
Map for 65 Monbulk Road Belgrave VIC 3160
Map for 65 Monbulk Road Belgrave VIC 316065 Monbulk Road Belgrave VIC 3160
Looking to buy this business?

powered by

So much work goes into buying a business, so why not let Valiant do the heavy lifting on helping you getting you the finance you need.

Valiant’s digital quoting tool will assess your eligibility and compare products from over 80 lenders, all in a few minutes!

Lloyd Nunn
CRE Brokers
Lloyd Nunn
CRE Brokers

Business Highlights

Business ID2016686480
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  8 Dec 2020
CRE Brokers
U4/10 Lakewood Boulevard Carrum Downs VIC 3201
Lloyd Nunn
CRE Brokers
Lloyd Nunn
CRE Brokers

Ask Lloyd Nunn about this business

Lloyd Nunn

Lloyd Nunn

CRE Brokers

Call Broker
0410 329 129
CallEmail