VENUES SOLD > THE DEANERY - 3000

THE DEANERY - 3000

Melbourne’s lane-way bars are typically hard to find, but thanks to clear signage, it’s not difficult to find yourself at The Deanery’s large industrial doorway in Bligh Place off Flinders Lane in the CBD.   Once inside, the venue has a cavernous feel, partly owing to its history as a car park, partly owing to the stripped-back design that is simple but elegant.  Dark timber surfaces are complimented by cream tones, straight lines and marble finishes. The interior gives a moody atmosphere, which maintains the bar’s modern feel. The split level restaurant has a large ground-floor bar with intimate nooks and a mezzanine dining room. The venue has two kitchens, one behind the bar and one upstairs than can be run independently or to complement each other. There is also a small office upstairs. 

 

The Deanery's cellar has always been a big point of difference. It offers rental space with a temperature- and light-controlled wine storage facility available to cellar-bereft wine buffs wanting to store their collections in optimum conditions. It's an income stream but it also creates a suite of regulars.

 

The Deanery has a late night general licence , on premise till 3am and off premise till midnight with a capacity of 130 and no security restrictions.  There are seven years left on the lease made up of 3+4 with the landlord agreeable to negotiate another term or new lease.  Rent is $2773 inc. GST a week.  All fixtures and fittings are included in the sale.

 

The Deanery is in excellent condition, in a great location and can be run under management or by an owner occupier.  The venue does have books but as usual they do not show the whole picture. Therefore the vendor is looking for offers in the region of $250,000 for this exclusively listed venue but also understands what the market value of the business is. 

This venue is now SOLD.