UNDER OFFER - Suzi Cheek's - A Lovely Little Venue - 1P5698 336
Suzi Cheek's is located on Smith Street near the Johnston Street Junction, in the heart of Fitzroy. Previously operating as Miss Katie's Crab Shack, the venue has been revamped into a Euro-inspired wine bar.
The main room riffs on shades of royal blue, with vivid still lifes and lavishly cheeky art-directed photographs from the Queens of the Pub series by Gerard O'Connor and Marc Wasiak. The button-cute back courtyard, facing west for the last of the afternoon sun, is a pale pink. It's a great place for the kind of occasion Suzi Cheek's is going for: a drop-in haunt where a late arvo spritz can easily turn into dinner. Curbside enjoy the installation of a Fevertree gin garden set up with seating for eight – perfect for capturing the passing trade, with vintage French doors that open from the coveted lounge area bringing the outside in for summer days.
Behind the bar is the small but well-equipped commercial kitchen. It is all very comfortable. To reduce the commute, upstairs is a two-bedroom apartment that has also been recently renovated into a French inspired pied-à-terre. With the potential to also operate as an air-bnb for additional revenue with permission from the landlord.
The venue has an On Premises licence till 1am with a capacity of 41, meaning you do not have to serve food. There are ten years left on the lease made up of 5+5, with rent coming in at $1300 including GST a week, for the whole venue. All fixtures and fittings are included in the sale with no equipment or supplier contracts being transferred.
Suzi Cheek's is ideal for an owner operator that either wants to set up their own bar or also provide a food option. The venue is in very good condition, has an excellent location with a great reputation. The apartment upstairs is a huge bonus especially with limited accommodation in the area. The vendor does have financials showing an excellent business but is very realistic hoping for a speedy sale as she has fallen in love and moving to Adelaide, so is only asking for $75,000 (Price Reduction) for this lovely little, exclusively listed venue.
Property Address
- Address: 325 Smith Street
- Area: VIC - Melbourne
- City: Fitzroy
- Country: Australia
- Zipcode: 3065