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Food, Beverage & Hospitality business for sale in Malvern

  • Food, Beverage & Hospitality
  • Malvern VIC 3144
  • URGENT SALE ALL OFFERS CONSIDERED

Urgent Sale - Multi Million Dollar Fit Out: All Offers Considered!

Don't miss this incredible opportunity to acquire this magnificently presented Restaurant/Function Venue in a position perfect location.

Originally set up by the Landlord at a cost of 4 Million, this venue changed hands two years ago with the current Vendor investing a further 2 Million to adapt the fit-out to suit their concept. All the assets included in the state of art fit-out will be offered for acquisition by the incoming tenant after 1 August 2025 for only 'one dollar' ($1).

Spread across 4 levels, this venue offers the following areas:

BASEMENT - Production kitchen with high grade commercial equipment, cool rooms and freezers. Whilst built to service the Restaurant and function spaces, this area is also ideal as a central production kitchen for hospitality operators with several venues.

GROUND LEVEL - Restaurant and bar area with an impressive central open kitchen. The architectural design of this space which extends through to the first level mezzanine function/dining space is impressive and a focal design element of the fit-out.

LEVEL ONE - Restaurant and Function Room. This area is ideal for extended restaurant seating (particularly large groups) or private functions and has its own private cocktail bar. There's also a private dining space that can accommodate up to 20 seated guests and a projector screen for corporate conferences. The area is ideal for more intimate events, providing a solemn atmosphere and features an ornate floor-to-ceiling feature window.

ROOFTOP BAR - This fully covered area is useable all year round and features a functional bar, sky light, illuminated floor tiles and access to two separate balconies. The veranda access creates an outdoor option in an enclosed space, enhancing its sky deck appeal. There are also dedicated bathrooms on this level making it an ideal space for private functions. A large office space and private staff amenities are also located on this level.

All levels are accessible via stairs or a lift, making the premises wheelchair friendly. Moreover, advanced infrastructures such as glass dumb waiters to ferry the food up to the different levels from the kitchen area as well as separate one from the scullery to each level.

Currently closed, the venue also comes with a 'General Licence' for 200 patrons which will be transferred to the incoming tenant. The current lease also has 16 years remaining. As this is an URGENT SALE, all offers will be considered.

Ideally suited for a number of different cuisines and uses, this blank canvas opportunity is one you won't want to miss. Your eyes will water when you see just how much investment has gone into this impressive venue.

Remember, whilst the landlord currently owns most of the plant & equipment, this will transfer across to the incoming tenant in August 2025 for only 'one dollar'. What are you waiting for!

For a copy of the information memorandum and to book an inspection, please contact Grita Angelucci.

Business AU
Business AU
Suite 24, 135 Cardigan Street
Carlton, VIC 3053

Business Highlights

Business ID2019388319
Floor AreaAsk Business Broker
Category
Last updated  27 Jul 2024
Map for Malvern VIC 3144
Map for Malvern VIC 3144Malvern VIC 3144
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Business AU
Business AU
Suite 24, 135 Cardigan Street
Carlton, VIC 3053

Business Highlights

Business ID2019388319
Floor AreaAsk Business Broker
Category
Last updated  27 Jul 2024

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