VENUES SOLD > LESS THAN ZERO

LESS THAN ZERO

The boys at Less than Zero have transformed and created an inspiring venue with a great brand that leads the way in hospitality service so that  they basically just have an amazing product. You'll find the place on Commercial Road in Prahan not far from Chapel Street and the Market.

 

Heading in to the venue the room is dominated with exposed brick walls a wood stained bar, under polished copper with incandescent globes illuminating hardwood tables and a fire place where groups and couples enjoy drinks and delicious food. At the end of the bar is a small DJ booth. Going past that you can either go upstairs to play a game of pool, look in to the fully fitted commercial kitchen or head out in to the courtyard.  The latter being a sheltered warm court yard on repurposed hardwood tables with recycled planter boxes containing lush foliage.

 

Less than Zero has a late night on premises liquor licence until 3am seven days a week with a capacity of 100 inside and 16 out the front with footpath trading. There are ten years left on the lease may up of 5+5.  Rent including GST comes in at just under $1700 a week. All fixtures and fittings less the pool table are included in the sale. 

 

The venue has a complete set of books and the venue is currently run under management.  The venue suits someone that wants to walk in and run their one dynamic venue.  All the hard work has been done and with a hands on approach the venue can be even better. The owners have other venues that they need to concentrate on and so the asking price for this venue is $100,000.  (PRICE REDUCTION).

 

This venue is now SOLD.