A resurgent Old Kingston is looking for new ideas to fill a space that until recently tipped its hat to the sporting life and paid handsome dividends for the owners.
On ‘game day’ Hale + Mary bar and restaurant with its multiple screens packed in the punters, building a strong fan base among those who loved good food, a drink and their sport.
It was a good idea well executed, so it came as a surprise to many that the owners blew the whistle to refocus their attention on a new venture, Fenway Public House in Woden.
But that has created an opportunity for an experienced hospitality operator with the smarts to bring something fresh to the prime site on Tench Street surrounded by other businesses and new residential developments.
Dawson Commercial’s Duane Dawson says it was and can be again a popular venue, particularly with few bars in the area and Kingston again in transition and attracting renewed interest.
“When Kingston Foreshore came on a number of businesses moved out of the older Kingston area, but I think as time has gone on, a lot of businesses are now looking back,” he says.
And seeing value in the character of the buildings, a sense that retail is on the way back and an appetite for different ideas.
While an original idea is always welcome, this venue would do best with an experienced hand to guide it.
Mr Dawson says this is driven mainly by its size – an inside space of 244 square metres with a 66 square metre courtyard out front.
“It’s quite a big area for a restaurant,” he says. “Whoever looks at doing it would probably have to look at a longer term lease, but then spend some money on the fit-out to get up and running.”
While the inside bar and most of the furniture has gone, the kitchen, cold room and grease trap remain as core infrastructure.
Outside, the furnished courtyard is intact, delivering a delightful sheltered asset for alfresco dining during the warmer months. Bi-fold windows also open along the Giles Street side of the building.
Mr Dawson says the interest has been strong with a number of serious enquirers wanting to do modern takes on favourite cuisines.
To have a punt on 9/15 Tench Street, Dawson Commercial is seeking a five-year-plus lease at $125,000 a year, GST added.
For more information call Duane Dawson on 0413 864 712 or click here.