Take the helm of a true local institution.
JLL has great pleasure in presenting this outstanding opportunity to acquire the leasehold interest in “The Vic”, one of Perth’s most well-known and historic inner metropolitan hotels.
Key investment benefits include:
- Arguably one of the city’s most recognised pubs having operated since 1898
- True inner metro location less than 4km from the Perth CBD
- Rare chance to secure a new long term lease – one of the few offerings in Perth for years
- Classic pub layout with expansive main bar, secondary bar, restaurant, balcony, alfresco dining and basement service areas
- Huge trading footprint of approximately 952sqm
- Extensive 2-level rear deck car parking accommodating approximately 54 vehicles
- High profile site on Subiaco’s main arterial thoroughfare of Hay Street
- Excellent mix of surrounding street retail, office/commercial and residential uses
- Affluent high growth residential catchment offering massive cash flow potential
- Strong demographic support via a well above average proportion of working professionals with high disposable incomes and generally higher proportion of residents above legal drinking age
- Exceptional food and beverage repositioning/value-add potential
Expressions of Interest to lease The Vic closing 29 June 2017 at 12pm (AWST).
For further information please contact the exclusive leasing agents
