The Old Vine Cafe / Restaurant

SOLD!

Web ID:

Business Description

  • Located in the coastal town of Aldinga, in the old 1850s bank
  • Casual, modern menu showcasing seasonal ingredients
  • Liquor licence for 100 patrons
  • Incorporates a food store selling local produce
  • A perfect place for a meal or a coffee either inside or under the old Morten Bay Fig Tree
  • Available for function hire
  • Strong returns
  • Trading 5 days – closed Monday & Tuesday
 

Simon Winter 0419 828 689


Extended Price Information

Goodwill $741
Plant & Equipment $87,259
Stock at valuation (approx) $6,000
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$94,000


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Staff Summary

One vendor and nine casual staff

Lease Summary

Current Rent $4,640 per month + GST
Lease Term 5 years
Lease Commencement 27th October 2011
Right of Renewal 1 x 5 years
Outgoings Paid by the tenant
Adjustments CPI annually
Current Rent
A portion of the property is sub-let by the tenant who receives $1,300 per month.

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