Rare Opportunity: Heritage Hotel & Gastro-Pub Leasehold For Sale

Expression of interest - Closes 22/03/2024

About this Property

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Off Market Group/Hotels is please to extend an exclusive invitation via expression of interest sale of a landmark leasehold property. Exuding timeless charm, this destination venue features an elegant gastro-pub restaurant, a bustling main bar, a whiskey vault, and inviting alfresco dining spaces.

Dining

The Dining Room, known for its sophisticated atmosphere and delectable menu, has a moody interior that overlooks the Moreton Bay figs. Offering full table service and regularly fully booked, with intimate booths and plush surrounds, it’s the perfect space for special occasions or a night out with friends.

Main Bar

The Main Bar area is a vibrant gathering place, with a mix of alfresco footpath dining, an open-air deck and cosy enclaves inside. Here’s the place to enjoy a selection of 12 draught beers, classic pub fare and regular live music every weekend.

Whiskey Vault

In keeping with its past, the Hotel offers a one-of-a-kind experience for whiskey enthusiasts, with its whiskey vault and Post Boxes, where VIP customers can store their prized collections.

Functions

As well as the main dining areas and bar, the Landmark Hotel has five unique spaces perfect for intimate gatherings and events up to 150 guests.

The second floor has been transformed into a bright and airy event space with 3 rooms and screens, 2 balconies, private lift and bar, making it an ideal location for weddings, Christmas parties, and other gatherings. With its vintage feel, The Whiskey Vault is also a signature events space – an exclusive destination for high-quality dining experiences, offering everything from wine or spirit dinners to intimate private dining for up to 10 guests with customised menus.

The Garden, The Deck and the Cocktail Lounge

Meanwhile The Garden, The Deck and the Cocktail Lounge are ideal for casual-style events like birthdays, parties and celebrations from 18-50 guests.

Kitchen

At the heart of kitchen’s offerings are melt-in-the-mouth rotisserie meats made with fresh local Australian produce, complemented by an extensive selection of wines, beers, and cocktails, including a range of non-alcoholic options.

Entertainment

There is regular live entertainment Fri/Sat nights from 5:30pm and occasional Jazz Sundays from 2:30pm.

Highlighted Features:

  • Rare beachside suburban Brisbane location
  • New $2 million plus fit out
  • 19 years to run on the lease
  • Rent <8% of Sales
  • Strong Demographic in an established market with low competition
  • Large food base and above average food & beverage/bar margins 69% – 73%
  • Opportunity for 3 x DBS outlets
  • Gaming would suit perfectly here / possible 20 gaming authorities.
  • Strong repeat client and substantial function business
  • Solid team in place
  • Full turnkey offer
  • Owners now looking to focus on other business interests

Contact Chris or Leigh for more information about this property.

CHRIS CAMERON

Principle Director

0477 271 875

email

LEIGH METZELING

Sales Executive – Gold Coast

0488 842 007

email