134-136 Hindley StreetAdelaide SA 5000
Property Details for 134-136 Hindley St, Adelaide
Last Listing description (February 2024)
Adelaide Destination Nightclub Mr Kims
McGees Property is pleased to announce for sale the business or Mr Kims Nightclub and Bar. This business located at 134 Hindley Street, Adelaide has been at the forefront of the Hip Hop/Party scene since its inception and is now seeking an eligible operator to continue the Kims legacy.
The business established in 2013, is a multi-level entertainment complex with a current 5AM Liquor Licence. Currently closed without announcement, the venue itself is presented in an upmarket, tidy, and large floorplan with nightclub specified lighting, fire alarm system and bar layout modules. Included within the sale is the almost brand-new security camera system with full 4K recording and over 1+ year footage storage connected to NX Witness. Maintained by Xentech computers, this is one of the most advanced camera systems in the state, with unmatched recording capabilities, facial recognition software and cloud-based data systems. The system includes 24 cameras providing 100% coverage of the space.
The tenancy comprises of a 3-storey building including Bar and Nightclub on the ground floor, terrace bar and smoking area at the rear, basement including storage and server room for security cameras as well as a top floor toilet and rest area with views of Hindley Street. The installed fitout includes nightclub developed architectural lighting across all facets of the club with dimmers and RGB controllers, a full-size fish tank maintained externally through A1 Tropical, bank vault with appropriate seating, a photo booth with appropriate LED Rope Light lighting and fully functioning disabled toilet on the ground floor.
The brand IP, including Instagram @mrkimsclub (4093 Followers), @wearesofargone (1458 Followers) and Facebook @mrkims (17'000 likes, 17'000 followers) are included within the sale. The venues have hosted a variety of parties and artists including Drake, Flight Facilities, Kaytranada, The Veronicas and a plethora of Afterparties for large scale music events hosted in South Australia.
The current lease on the premises is a 5-year lease which commenced 1st of September 2022 and has two further 5-year renewal terms. The current annual rental on the premises is $139,050 per annum plus GST plus outgoings.
For sale by Expressions of Interest closing Wednesday 20 December 2023 at 4pm.
For more information on the sale of this business or to arrange for an inspection of Mr Kims, contact Charlie Caruso or Grant Clarke of McGees Property (RLA 1722).
Property History for 134-136 Hindley St, Adelaide, SA 5000
- 24 Nov 2023Listed for Sale Mr Kims Nightclub & Bar Business for Sale
- 01 Jun 2022Listed for Rent - Price not available
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