Bathurst venue opportunity
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Visionary hospitality professionals wanted to grow existing Crago Mill venue and bar located in one of Australia’s fastest growing regional centres, Bathurst, NSW.
Crago Mill is an iconic heritage building in the heart of the Milltown Railway Heritage Precinct. The 100-year-old ambience-laden multi-storey building has been adapted to cater to a vast array of businesses. It was awarded the Bathurst Bicentennial Heritage Award for ‘Best Adaptive Reuse’.
The building accommodates a range of leading local businesses, including Two Heads Brewing production brewery and restaurant.
The building also accommodates businesses in professional and consulting services, including Lipman Constructions, Western Project Services, Central West Project Management, Central West Civil, Resolutionary Films and TheShaun IT.
Up for grabs is the space where Two Heads Brewing is currently operating. Two Heads will be relocating its brewing equipment in December this year when its lease expires. Incoming tenants have the option to install their own equipment or opt not to have a production brewery on site.Fitout will be negotiable between the current tenant and the incoming tenant.
The 500-square-metre ground-floor space features original building fabric and contains a fully-operational commercial kitchen, adjoining cool rooms, tap room, multiple dining areas, function rooms and bar. There is also an outdoor beer garden and dining and entertainment areas.
Also available is an adjacent additional space that spans two levels. This additional area could allow for functions and events both corporate and private.
Bathurst is one of the fastest growing regional cities in Australia. It has an enviable growth rate and well diversified economy based around education, farming, manufacturing, transport/logistics, regional infrastructure and of course, tourism. The city is internationally known as a byproduct of the Mount Panorama race track and its ever-growing list of motoring events.
Bathurst is a prime ‘tree change’ growth community. Housing affordability is a big attraction with a median house price hovering around $400,000.
Bathurst is approximately 200 kilometres east of Sydney. There are daily return trains and air services.
Interested parties can expect:
- Attractive affordable rental
- Established trading venture
- Operational and fully approved
- Existing fitout negotiable
- High grade building amenities
- Massive opportunity to improve and expand
- Lease terms to suit
The venue is ideal for skilled hospitality professionals, who are prepared to take this space to a whole new level.
For all property enquiries, please contact David Nicoll, Managing Agent at Elders Nicoll & Ireland, Bathurston 0410 319 331, or email him at firstname.lastname@example.org.