NAI Harcourts Metro is pleased to present 277 South Street, Hilton - South Street Ale House & Bottle Shop, offering the freehold property and established hospitality business together on a walk-in walk-out basis.

Family owned and operated since 2003, South Street Ale House is a long-established hospitality venue incorporating an ale house and bar, restaurant, bottle shop and function facilities. The substantial two-storey premises occupies approximately 2,065sqm* of land with around 1,000sqm* of building area, extensive customer parking and excellent exposure to South Street.

Property & Business Features
• Freehold property and established business offered together
• Approximately 2,065sqm* landholding
• Approximately 1,000sqm* two-storey hospitality premises
• Family owned and operated since 2003
• Established ale house, bar, restaurant and bottle shop
• Dedicated function facilities and commercial kitchen
• Multiple bar, dining and entertainment areas
• Extensive on-site customer parking
• Prominent South Street frontage and signage
• Rear vehicle access via Paget Street
• 36kW rooftop solar system
• Multiple established revenue streams across food, beverage, liquor retail and functions

Location

Positioned immediately adjacent to the Hilton town centre and Coles Hilton, the property benefits from a substantial surrounding residential catchment and excellent connectivity to Fremantle and Perth's southern suburbs. South Street provides strong exposure and accessibility, with public transport directly outside the property.

Future Development Potential

The substantial landholding also provides longer-term development potential. Under the supplied planning provisions, development within the relevant area may be considered at a bonus density of up to R160, subject to design requirements and all necessary approvals. The property previously received approval in 2015 for a three-storey development incorporating 10 dwellings behind the existing tavern; that approval has since expired.

277 South Street represents a rare opportunity to acquire an established hospitality business together with its underlying freehold property in a prominent metropolitan location.

For further information or to arrange an inspection, please contact Sam Fazio on 0412 440 139 or Albert Fontana on 0418 952 647 Added 26 November, 2018 Property ID: #L22038328