Heritage bar and restaurant for sale in prime city location

A growing inner-city vibe developing around the heritage Sydney and Melbourne buildings is proving to be something of a magnet for cool bars and restaurants.

Bar Rochford and the Highball Express are just two of the attractions, with the speakeasy-themed cocktail bar favourite, Molly, said to be reopening in the area after its former London Circuit address was taken over by developers.

A sought-after West Row location is now available for sale or lease and presents as a perfect opportunity for a bar-restaurant with a fit-out in place and a liquor licence ready for transfer.

Mitch Frail of Burgess Rawson says spaces like this rarely become available.

“That’s evidenced by the strong level of local enquiry that we’ve had – hospitality operators recognise this is a special location,” he says.

“This is an area with real character, the type of which you might find in Sydney or Melbourne and that vibe is present in this building.”

The 172-square-metre space is licensed for 113 people with an al fresco area that can hold 29.

“The fit-out is impressive with bar, seating area, kitchen and amenities,” Frail says.

“If a new operator wanted to start trading – well, it’s all there, ready to go.”

Full-width bifold doors open onto West Row and the external dining area. Rear loading access is available in Odgers Lane.

CANBERRA CITY

16/28 WEST ROW

PRICE GUIDE: $1.425 million + GST or rent $87,720 pa + GST

AGENTS: Burgess Rawson, Mitch Frail & Steve Burke, 0429 103 979 & 0428 434 464