Collingwood pub for sale through CBRE Hotels
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Collingwood pub for sale through CBRE Hotels
The Robert Burns Hotel Melbourne is for sale through Mathew George and Scott Callow from CBRE Hotels.
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CBREThe Robert Burns Hotel in Collingwood. -
CBRERobert Burns Hotel.
An opportunity to capitilise on the resurgence of suburban pubs is available in the form of Collingwood's Robert Burns Hotel.
CBRE Hotels is offering business and leasehold of the inner Melbourne landmark food and beverage venue.
The much-loved venue, which has undergone significant CAPEX across the past 18 months, comes with a favourable layout and impressive amenities, including a central island bar servicing the front public areas, private dining, function spaces, a chef's kitchen connecting the bistro and beer garden at the rear, as well as additional functioning/dining space on the first floor.
At a glance:
- The leasehold and business of the Robert Burns Hotel is for sale through CBRE Hotels.
- The popular hotel includes a central island bar servicing the front public areas, private dining, function spaces, a chef's kitchen connecting the bistro and beer garden at the rear, as well as additional functioning/dining space on the first floor.
- The venue is being marketed by Scott Callow and Mathew George.
Image: The Robert Burns Hotel in Collingwood. Source: CBRE.
According to CBRE, revenues for the venue are consistently at $30,000 and climbing, with good departmental splits of 42 per cent food and 58 per cent beverage.*Supplied by vendor.
More than 15 years is remaining on the lease, with a full MRR in September 2022.
There is no shortage of potential customers in the area, with tenants and owner-occupiers have relished the opportunity to occupy converted warehouses in the suburb across the past five years.
Image: The Robert Burns Hotel in Collingwood. Source: CBRE.
The arrival of new companies has been followed with several large scale developments, including Cbus Property's 14-level residential development on Wellington Street and Tribe Hotel's purchase of 60 Langridge Street for its flagship property.
The Robert Burns Hotel is for sale via immediate Private Treaty.
To view the listing and read more about Robert Burns Hotel click here.
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