Right in the heart of Ascot Vale, on Mount Alexander road you’ll find Dreux Bar. The venues primary role is as a function venue and so with its strategic location and exquisite interior the venue has the capacity to host virtually any special occasion both large and small, from a wedding and engagement party to birthday, corporate or private function and much more.
There are two function spaces available. The interior of the main room is ultra sleek, chic and shiny. The dark floorboards provide a stark contrast to the white décor which then provides a fantastic canvas on which to incorporate the style and theme of any celebration. This room is also equipped with a large bar which augments the surroundings that ensures a fast response with drink requests. The main room also boasts rounded walls which are beautifully stacked with wine bottles. At the front of the venue there is a smaller space, the French Provincial Room, boasting an exquisite setting, vintage furniture, sumptuous textures and opulent chandeliers. It is the perfect setting to enjoy cocktails, canapés and conversation.
To the rear of the venue there is a food preparation area and off to one side a commercial kitchen with cool room. And behind the venue there are five car spaces.
Dreux has an On Premises licence till 1am with a capacity of 108. There are six years left on the lease made up of 2+4 with another term of four years able to be negotiated upon transfer. Rent comes in at $1350 a week including GST. All fixtures and fittings are included in the sale and there are no equipment or supplier lease agreements.
Dreux Bar is a very successful family run affair. So the venue ideally needs an owner operator with good knowledge of managing functions that can take on the extensive forecast of events that are already booked in and then start adding to them. The constantly busy venue shows all the income on the books, on average doing $14,000 a week only open for a couple of nights each week. So the vendor is looking for offers in the region of $400,000 for this exclusively listed venue.