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Level 1 & 2/20 Gilbert Street
Adelaide SA 5000
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Leased on 24 May 2022

Level 1 & 2/20 Gilbert Street Adelaide SA 5000

  • Shop & Retail
  • 468 m²
  • Leased

Blue Venus Cocktail Bar - 2 levels - UNDER CONTRACT

    Lease assignment & fitout for sale - Price Negotiable

    Turnkey opportunity to take over this new popular licensed bar/small venue in Adelaide's hottest new westend laneway "Gilbert Place". This precinct is shared with the Mayfair Hotel and established neighbours such as Hains & Co and Shotgun Willies.

    Level 1 is fully fitted out as an architecturally designed cocktail bar/ nightclub currently trading as "Blue Venus".

    Level 2 included as a large storage area (potential for change of use of level 2 to entertainment or restaurant (subject to necessary planning approval/consent).

    Annual rent for both level 1 & level 2 is only $34,839.92 plus GST plus outgoings of $28,465.94

    Please note the opportunity to take over this lease & continue operating this popular business will be strictly subject to purchasing the current operators plant & equipment & full business fitout for a negotiated price with business name and signage included in the sale (if the purchaser wishes to continue operating under this name).

    Property / Business features
    * 2 levels
    * Newly fitted out cocktail bar
    * Custom made lounges and booths
    * Small bar license until 2am
    * Huge LED signage
    * Polished concrete floor
    * A very strong following of patrons

    Outgoings
    Annual Rent - $34,839.92 + GST + Outgoings
    Council Rates - $3,246.80
    Insurance - $22,418.64
    SA Water - $2,800.50

    For more information or to book an inspection contact agent: MATT LAZARUS 0430745100

    Ray White Norwood
    Ray White Norwood
    249 Greenhill Road
    Dulwich, SA 5065

    Property Highlights

    Date Leased24 May 2022
    Floor Area468 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID15809836
    Category
    Last updated  22 Jul 2022
    Map for Level 1 & 2/20 Gilbert Street Adelaide SA 5000
    Ray White Norwood
    Ray White Norwood
    249 Greenhill Road
    Dulwich, SA 5065

    Property Highlights

    Date Leased24 May 2022
    Floor Area468 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID15809836
    Category
    Last updated  22 Jul 2022

    Listed by

    More about Level 1 & 2/20 Gilbert Street Adelaide SA 5000

    Level 1 & 2/20 Gilbert Street Adelaide SA 5000 is categorized as Shop & Retail Property. It has a floor area of 468 m². The listing ID for this property is 15809836.

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