Archive Beer Boutique Now Up For Sale

The Archive Beer Boutique in West End, one of the pioneers of craft beers in Brisbane, is for sale and now accepting Expressions of Interest.

Read: Archive Beer Boutique: West End Craft Beer Pioneer Up For Sale

Aushotel, the current owner of Archive Beer Boutique, has appointed CBRE Hotels to steer the sale of the 1,335-sqm property. Expressions of Interest will be received until 27 August 2021, unless sold prior. 

“Archive was Brisbane’s first and largest craft beer bar which continues to stand the test of time. Many of our great craft brews have all had their start and gained exposure and volume through Archive. Archive is still a significant volume driver for many craft brands on the market and has never poured a “mainstream’ beer on tap,” said Jim Davies, Aushotel Managing Director.

“The sale provides the opportunity for an incoming operator to tap into the continued evolution of the city’s craft beer market via a long-term, 31-year head lease over a building situated on one of Bisbane’s fastest-growing suburbs,” Paul Fraser, CBRE Hotels National Pubs Director, added. 

Archive Beer Boutique, located at 100 Boundary St in West End, has undergone a major renovation in 2018. The two-level building boasts a dedicated pool hall and multiple function spaces including booths style and couches. It’s located opposite the West Village, a new community that aims to rejuvenate an industrial West End site by delivering new residences, shops and places in the suburb.

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The asset comes with a full commercial late trading liquor licence until 2:00 a.m.and the ability to have three detached bottle shops within 10kms.

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The listing description also points out that buyers will gain instant ability to increase their beer brand equity and distribution with enough floor space available for an in-house satellite craft brewery. 

Because of strong interest in the pub, sources believe that offers could go from $4.5 million to $5 million. The listing description also noted that Archive Beer Boutique has a successful and consistent high cash flow business from inception over ten years ago.

For further details about the Archive Beer Boutique’s lease, see the listing here.

Archive Beer Boutique: West End Craft Beer Pioneer Up For Sale

The head lease of Archive Beer Boutique, a pioneer in the craft beer market in Brisbane, has been put up for sale. Aushotel Group has appointed CBRE to steer the deal of this landmark West End pub.

This is an opportunity for a new operator to make a mark in the ever-evolving craft beer market for the long term. The sale comes with a full, commercial late-trading liquor licence and the chance to build three bottle shops within 10 kilometres of the site.

Archive Beer Boutique is on Boundary Street and has thrived in this premier location for more than a decade. CBRE’s Paul Fraser said that the pub’s location, size and scale, and long tenure could easily generate interest from investors. The pub sits opposite West Village, which is undergoing urban renewal.

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The pub also enjoys a loyal following, even amidst a global crisis, and the hospitality industry has to adjust and adapt to the new normal. Fraser said that the vendor of the property has been looking to enjoy semi-retirement and offload his assets as the hospitality sector bounces back from COVID-19. 

Aushotel Group’s managing director, Jim Davies, said that Archive continues to be a “volume driver for many craft brands” even as different craft brews have been setting shop in Brisbane. 

Archive Beer Boutique spans 1,419 square metres and was recently renovated with a main restaurant on the ground floor and a Loft Bar for functions and evens on the second floor.