Undoubtedly, there are those among us who have occasionally fantasised about owning a bar – now there is the opportunity to make that a reality in Braddon at the popular BentSpoke brewpub.

The property is now for sale with a lease to the parent BentSpoke business that, with options, could extend through to 2040. Patrons, be assured, the beer will keep flowing, but the sale of the bricks-and-mortar building presents a significant opportunity for an investor.

The pub offers 369 square metres over two levels and three titles. It includes an open-plan bar area, a spacious dining space and floor-to-ceiling windows that draw in the natural light.

There’s a bonus outdoor entertaining area and the property also offers 13 car bays on title.

Guy Randell of Burgess Rawson says the property is a solid gold opportunity to invest in a dynamic, well-established hospitality venue with a first-class tenant.

“BentSpoke is an iconic brand, born in Canberra, with national distribution and a swag of local and international awards,’ he says.

“And you couldn’t get a better location, in the heart of the Braddon entertainment and hospitality buzz.’

For the number crunchers, Randell says the property comes with a price guide of $4.4 million and there’s a potential stamp duty saving of around $100,000. Net income is about $255,000 per annum plus GST and there are annual rent increases of 4 per cent.

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