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Shaw Davey Slum- 1P3870

Leasehold $150,000
171-175 Elgin Street, ,
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The Shaw Davey Slum, aka ‘The Slum’ resides in Carlton’s Elgin Street located just off Lygon St. But it’s hardly a slum with gold plated cricket stump beer taps, hand made concrete bar tops embedded with 24 carat gold & silver leaf on the ground floor and seashells on the top floor. The clientele ranges from students and local residents of Carlton to corporates, depending on the day and time, with the venue being at capacity on many occasions.

There is footpath trading either side of the venue and as you head inside the first thing you’ll notice about is the imaginative interior design. The lower level comprises three large areas for dining and socialising. There is plenty of bar space as there needs to be to fit the eighteen beer lines from the glycol system in the cellar. Behind the bar is a large newly equipped commercial kitchen.

Upstairs there are two large areas that can be used as function spaces or just as one large level, which are dominated by a stunning retractable roof to let in the rays providing a beer garden when warm, and covered dining area when chilly. Again supported by another large bar and both levels have their own toilets. Upstairs there is also a staff room and office.

It is a long lease of 21 years made up of 5+8+8 with rent of $3250 a week. The venue has a general licence, on premises till 1am and off premises till 11pm. It’s one of the largest venues in the area with a capacity of 500. There is a detailed list of fixtures and fittings with everything in the venue included in the sale.

There is not enough space here to describe all that is in the Shaw Davey Slum and so it really needs to be seen. Even though a lot of work has gone in to the venue, The Retail Savvy Group have listed the venue as they are looking to concentrate and grow their other concepts in the CBD. As you would expect with such a company there is in depth detail on everything. The asking price for this amazing venue is an unbelievable $150,000 , so as you can imagine the vendors are very motivated to sell this exclusively listed venue.

Address: 171-175 Elgin Street
City:
State:
Post Code: 3053
Country: Australia
Price: Leasehold $150,000

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Lloyd Nunn

Business Broker - Bars, Cafes, Restaurants & Clubs - Melbourne CBD and inner suburbs.
0410 329 129
lloyd@crebrokers.com

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