VENUES SOLD > MERKHA BAR - PRAHRAN

MERKHA BAR - PRAHRAN

You'll probably know Merkha Bar as the old Jett Black, located in the trendy part of Prahan on Greville Street. The area is surrounded by bars and cafes and night is a busy area with revellers going to and from various establishments.
 
As a destination venue Merkha Bar has two floors that can run independently with their own bars, DJ booths, toilets , boothed seating and dance floors.  To the front of the venue is an enclosed smoking area and by the front door a reception area.
 
The venue has a late night on premises licence until 5am with a capacity of 380. Rent is $2800 a week plus GST and there are 14 years left on the lease made up of 4x5x5.  There are finance agreements in place for some furniture and the lights and sound equipment. 
 
The vendor is looking for offers in the region of $295,000 for this exclusively listed venue.
 
This venue is now UNDER CONTRACT.