Experience the Vibrant Charm of Gertrude Street's Iconic Pub!
Welcome to the Gertrude Hotel, a beautifully rebuilt 19th-century gem located on the renowned Fitzroy strip of Gertrude Street. With its eye-catching exterior and eccentric interior, this pub is an irresistible opportunity for those in the hospitality industry.
This stunning venue has recently received approval for footpath trading on two sides, boasting a larger outdoor seating area than many other venues in the area. Step inside and immerse yourself in a sea of vibrant colours, as 1800 mirrored glass panels adorn the walls and triangular glass chandeliers illuminate a luxurious red carpet. The front bar, against the back wall and varied seating, creates an inviting atmosphere, while a fully equipped commercial kitchen stands ready behind the bar to cater to patrons' needs. Additionally, a self-contained space at the far end of the building can be easily sublet as a bottle shop or cafe, adding versatility to this exceptional venue.
Venture upstairs and discover a dedicated function space with a rooftop deck, two spacious function rooms and a private bar. These interconnected areas can be sectioned off for exclusive events, offering endless possibilities for hosting memorable gatherings. The upper level also features convenient access stairs from both the street and inside the pub, along with offices and storage rooms for efficient operations. Immaculate toilets are scattered throughout the venue, ensuring comfort for guests.
The Gertrude Hotel boasts a General License for on-premise operations until 1 am, with a capacity of 260 patrons inside (plus the foot path trading of at least 50) and an off-site license until midnight. The remaining lease period spans sixteen years, offering long-term stability made up of 1+5+5+5 and the rent, including GST, amounts to $3300 per week. All assets are included in the sale. The equipment is nearly brand new, with no supplier or equipment contracts requiring transfer.
Considerable time, effort, and investment have been devoted to rebuilding the Gertrude Hotel. Now, it awaits an experienced operator or hospitality group to seize the opportunity and elevate the venue to new heights. Despite setbacks caused by the pandemic and the need for roof replacement, the Gertrude Hotel is only just beginning to tap into its true potential. As a walk-in, walk-out sale, this exclusive listing presents an incredible opportunity for those seeking a stunning venue in a prime location. The vendor invites offers in the region of $375,000, recognising the extraordinary value of this opportunity. Don't miss out on the chance to own this extraordinary pub on Gertrude Street. Embrace its vibrant charm and unlock its full potential.
This venue is now SOLD.