Nestled on the corner of the Proximity Apartments, this property is in a dress-circle location for a hospitality venue. Fully kitted out and currently trading 6 days a week as a bar and grill, the current owner is open to letting this establishment change hands.
The unique location provides an opportunity for someone to develop a landmark venue in the Canberra hospitality landscape. There is ample parking for patrons, and both inside and outside dining areas. While currently serving pub classics, it is not hard to envisage this place developing into a gastro-pub. Currently pouring local beers and flat-screen TVs tuned into the sports channels, it is also pretty easy to imagine this place becoming one of Canberra’s most recognisable sports bars.
The east-facing aspect makes this a lovely place for patrons to enjoy a coffee or eggs benny in the morning sun. The east-facing orientation of the venue also makes it a magical place to enjoy a drink and the cool breeze in the shady outdoor area on a warm evening, while look across the street at the sculptures of the Australian institute of Sport.
This precinct of BRUCE is home to thousands of upwardly mobile professionals, who form a very large pool of potentially loyal customers. This precinct is also the destination for bus loads of visitors coming for the guided tours at the AIS, or to watch their team play at the nearby stadium. Monday to Friday, there are thousands of people working and studying in BRUCE, providing an opportunity to become a venue of choice for people looking to dine in or take away a hot lunch on a weekday.
The space:
151m2 internal – back-of-house, patron dining, lounging & toilets
71m2 outdoor terrace for patron usage
9m2 cool room
32m2 basement storage
Inclusions:
• Tables, chairs & quality furnishings
• Commercial kitchen & bar
• Grease trap
• Exhaust canopy
• 3-phase power in place
Outgoings:
Strata Levies: $8,614.30
ACT Rates: $6,430.85
Water & Sewer: $2,068.00
Total Outgoings: $17,113.20 p.a.
Contact Guy for a brochure, and to arrange a back-of-house inspection.
$3,078
Estimated Monthly Repayment
Loan Amount
Interest Rate (p.a)
Loan Terms
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