The freehold interest in landmark Chapel Street pub the Lucky Coq is to be offered for sale for the first time in close to 50 years.
The CBRE Hotels team of Scott Callow and Will Connolly has been appointed to market the Windsor institution on behalf of former hotel operators, the Caneva family.
Occupying a prime corner site at 179 Chapel Street, the highly successful all day and late-night venue features a large ground floor public bar and casual dining space, rear laneway access as well as a first-floor function room with an atrium style outdoor rooftop deck popular all year round.
“The Caneva’s have owned the hotel, now known as the Lucky Coq, for 47 years and we believe the successful purchaser may have the same desire to hold this asset long-term, given that corner freeholds rarely become available in Chapel Street,” Mr Connolly said.
Click here to view the listing on The Hotel Page with additional photography.
Mr Callow said the property’s long-term lease covenant to multi-venue hospitality operator Colonial Leisure Group would be a significant draw card for prospective purchasers.
“Colonial Hotel Group is recognised for operating many venues both in Melbourne and interstate, including the Portsea Hotel and the Botanical at South Yarra. The remaining 12-year lease term (with no further options) provides considerable security of income and future flexibility.”
The Lucky Coq is being offered for sale via an Expressions of Interest campaign closing Wednesday, September 12th at 4pm.
Click here to view the listing on The Hotel Page with additional photography.
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