Radio Bar is in a prime position on the Fitzroy strip on the Nicholson Street (west) end of Gertrude Street, only a short walk from the city and a minute or two away from Smith Street's burgeoning restaurant hub. Radio Bar perfectly balances the growing trend among Melbourne bars for living-room chic and something a little more edgy,
Inside the bar it’s dark and cosy, with exposed-brick walls and a dark-wood bar. A nest of banquettes in the window and a skinny queue of tables and chairs, as well as stools along the bar, provide ample seating options. From here you can take in the cityscape (that is, a feature on the back wall that has landmarks from Melbourne, Dubai and Tokyo making up a familiar and yet unfamiliar city skyline). Past the bar is a small food preparation area, there is no commercial kitchen. Then heading out to the rear of the venue is an enclosed courtyard. Upstairs there is a two bedroom flat, perfect for an owner or member of staff.
There are thirteen years left on the lease made up of 3+5+5. Rent including GST comes in at just over $1400 a week. All fixtures and fittings are included in the sale. Radio Bar has an on premises liquor license until 1am with a capacity of 50,
Radio Bar is the ideal venue for someone new to hospitality that wants a low risk venture that they can make their own. The bar can be changed to suit just about any style or concept that the new owner wishes to adopt. Drawing on the support of the local crowds and also the large amount of foot traffic that heads past the venue there is plenty of business to be done. The present owners have learnt what they need to and so are looking to take on a larger venue in another part of Melbourne. There is limited financial information and so this really is a walk in walk out deal with the vendors looking for offers in the region of $110,000 (Price Reduction) for this exclusively listed venue.
This venue is now SOLD.