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AUCTION | Friday 6 October 2023, 12pm onsite
Darcy Jarman is delighted to exclusively present for sale the freehold of one of Geelong’s best known late night institutions – Beav’s Bar.
An exceptional corner freehold oozing with character, the retail freehold investment is positioned in the prime trading section of Little Malop Street, with a rare late trading liquor license attached to the freehold.
Don't miss the opportunity to secure this iconic venue with scope to reposition, value add or occupy yourself in time.
Key features include:
- Absolute prime retail location – renowned dining and nightlife precinct
- Long established F&B operator with decades of experience and multiple venues
- Current income of $184,692* per annum plus GST & outgoings (Note, a CPI increase will be implemented 23/10/23).
- Corner landholding of 476sqm over two titles
- Iconic hospitality venue totalling 450sqm
- On premises 1am liquor license attached to the freehold with capacity of 339 patrons
Situated on the corner of Dennys Place and Little Malop Street in the heart of Geelong’s hospitality precinct, 100m from Johnstone Park and the Geelong Train Station, within the newly formed “retail precinct”.
To request information, please contact the below agents:
Tim Darcy + 61 418 522 523
Andrew Prowse + 61 418 534 076
*approx.
Remember to mention you found this property on CommercialReady
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