98 Wharf Street Maryborough, 4650 QLD

Criterion Licensed Hotel, THE CRI Nightclub, Hospitality Venue Lease

Phone enquiries - please call 1300 594 794 and quote property ID 40787.

Criterion Licensed Hotel, THE CRI Nightclub, Hospitality Venue Lease Opportunity on the ground floor and land

Criterion Hotel (The CRI) for lease.
Seize the chance to rejuvenate a premier entertainment venue in the heart of Maryborough, Qld. Formerly operating as The CRI, this establishment is renowned for its vibrant nightlife events. With the previous tenants concluding their operations, the owner is seeking passionate, innovative tenants to bring new life to this iconic location.

Key Features:
Area of land: 1012 m2; Area of leased building: approx. 500m2 plus approx. 512m2 of beer garden and land

There is no goodwill payment.

Some equipment is on site.

Flexible Lease Terms: Offering a 20-year lease structured as 5-year terms with renewal options.

Competitive Rent: $90,000 annually plus GST and 50% of outgoings.

Licensing: Approved 10 am to 12 midnight Sunday, Monday, Tuesday, Wednesday, and 2:00 AM license for Thursday to Saturday nights, providing ample opportunity to maximize weekend patronage.

Versatile Space: Potential to operate a café, host functions, or even establish 3 bottle shops in town. One of the previous setups included a café, bar trade, nightclub with mezzanine floor, and provisions for a food truck to serve patrons, or put in your own kitchen, highlighting the venue's adaptability.

Endless Possibilities: With a rich history and prime location, this venue offers limitless potential for creative entrepreneurs to craft a unique and thriving daytime and nightlife experience.

Community Engagement: The venue has previously hosted events such as live music nights and themed parties, indicating strong local support and a ready customer base.

Supportive Ownership: The owner is committed to assisting new tenants in revitalizing the venue and being open to flexible lease arrangements.

This is a rare opportunity to take the reins of a partially equipped, centrally located venue with a storied past and transform it into a leading destination for entertainment and hospitality. Whether you envision a bustling nightclub, a cosy café, or a multifunctional event space, the potential here is boundless.

Embark on your next venture and make your mark on Maryborough's entertainment scene. This opportunity won't last long—reach out today to explore the possibilities!

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

For Lease

Inspect

Inspection of this property is available strictly by arrangement only.

Contact