Naught Nancy's - A vibrant, profitable two level venue

Positioned in the heart of Chapel Street Naughty Nancy's is a vibrant two-storey pub and cocktail venue renowned for its, relaxed social atmosphere, and consistently strong trade. Located at 190 Chapel Street, Prahran attracts a broad demographic ranging from after-work drinks and casual dining through to late-night crowds. Combining quality food, cocktails, trivia, live music, and private functions, Naughty Nancy's has established itself as a genuine local favourite with a loyal customer base and exceptional reputation.

The venue has footpath trading for sixteen patrons along Chapel Street, while the fold-back front windows create a seamless indoor-outdoor experience and an inviting street presence that draws patrons inside. Upon entry, guests are welcomed by a large, exceptionally well-stocked main bar positioned to the right-hand side, flowing through to an open-plan layout featuring high tables, bar stools, and flexible seating suited to couples, groups, and casual dining. Opposite the main bar sits a dedicated performance stage ideal for live bands or DJs, while a recessed rear snug provides a more intimate setting. To the rear of the ground floor is a substantial, fully equipped commercial kitchen supported by excellent back-of-house infrastructure in the courtyard. This includes two cool rooms one with the glycol beer system and the other for the food. The venue also benefits from two stylish sets of bathroom facilities located on both levels. Upstairs features a private function space complete with its own fully serviced bar, creating a valuable secondary revenue stream for events and private bookings. This level also includes an outdoor smoking deck and a large adjoining office space.

Naughty Nancy's has an On Premises licence until 1am with a capacity of 151. There are ten years left on the lease made up of 5+5. Rent is $3400 a week including GST. There is an extensive fixture and fittings list and no equipment or supplier contacts being transferred.

The venue enjoys strong and consistent trade, with its Sunday Lunch regularly booking out well in advance, a clear reflection of the business's loyal customer base and outstanding local reputation. Naughty Nancy's features an exceptional fit-out across both levels. The business has been successfully structured to operate entirely under management, making it an ideal acquisition for hospitality groups, experienced operators, or investors seeking a high-performing venue with reliable passive income potential. Supported by strong financial performance and comprehensive trading figures the vendors are seeking offers in the region of $800,000 for this exclusively listed premium Chapel Street venue.

For more details, please email broker or call agents.