The Moldy Fig - 1P3916
Moldy figs are purist advocates of early jazz and so the term has been embraced by traditional jazz fans, players and also this venue. Set along the bustling Lygon Street in Melbourne's East Brunswick, this corner restaurant hits all the right notes. Inspired by New Orleans, you take in the larger than life mural of a Bourbon Street 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, making for a swinging place to get the party started whilst enjoying cajun, creole food and cocktails.
Heading inside there is a central dining area with views in to the large well equipped commercial kitchen and across to the bar and area where the musicians set up for the live music. 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 mixed use either for dining, storage or car parking. Upstairs there is a a two bedroom apartment, perfect for an owner operator to manage the venue from.
The Moldy Fig has a long lease of 19 years made up of 9+5+5, with rent coming in at $1320 a week including GST. The venue has a restaurant and cafe licence until 1am with a large capacity of 150. There is an extensive fixtures and fittings list included.
The Moldy Fig is in excellent condition and really suits an owner operator possibly continuing the venue with its Jazz theme but maybe a different food offering, to take advantage of the amazing murals and decor. The owners were not expecting to get to the point of selling so recently after opening up but personal issues have forced this upon them. Hence there are no books and it is a walk in walk out sale with the vendors looking for offers in the region of $165,000 for this exclusively listed venue.