OFF MARKET

118 Main Street
Romsey VIC 3434

Bedrooms: 4
Bathrooms: -
Car spaces: 4
Land area: 1076m2
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Property Details for 118 Main St, Romsey

Building Type
Commercial
Land Size
1076m2
Local Government
Macedon Ranges
Lot/Plan
1/TP18780

Last Listing description (March 2024)

Proudly offered for sale, Soltan Pepper holds an 18-year legacy in the Romsey village as a provider of hearty dine in and take away cuisine to locals and neighbours across the Macedon Ranges and beyond. Hosting a cosy meeting place for friends and family, Soltan Pepper offers a welcoming street appeal, private and social dining spaces and an established team brimming with experience and passion for the business.

Occupying a generous Main Street location, Soltan Pepper is centrally positioned across 1087sqm (approx.) with an abundance of opportunity for expansion of dining and function options. Current seating capacity is approximately 80 inside, and 50 outside, with a team of 2 full time chefs, 4 casual kitchen staff and 15 front of house team members.


The free hold offers a flexible floorplan with 3 main dining precincts, centred around the service bar. External veranda seating circles the building, with a recently established front alfresco dining offering nestled amongst mature trees and overlooking the Romsey streetscape. Beyond the fully equipped commercial kitchen, large storage area and an on-site cool room are found.

Soltan Pepper boasts an established and loyal customer base, including;
- Approximately 4.9k Facebook followers.
- Approximately 1500 Instagram followers.
- A strong 4.7 star Google review rating with approximately 340 reviews.
- A Point of Sale database with approximately 12k contacts.
- A membership program.
- A birthday club.
- A loyalty program.

Current operation hours are Wednesday and Thursday 4pm until late and Friday and Saturday 12pm until late. Opportunity exists for expansion to full weekend trade and breakfast service, to truly harness the potential of this culinary hub.

Offering a walk-in, walk-out opportunity, both the business and free hold location of 118 Main Street in Romsey are offered for sale. Included in the sale are all social media platforms, the liquor licence and a generous fittings and inclusions list.

Seize this rare opportunity to take the reins of a popular local destination, with 18 years of established trade and region recognition.

Romsey is situated within the heart of the Macedon Ranges, surrounded by a fine supply of local Wineries and Eateries, walking and cycling paths, weekend farmers markets and pristine natural landscapes as far as the eye can see.

Located in the stunning Macedon Ranges, Romsey is just 60km north of Melbourne's CBD, half an hour drive to Melbourne Airport and 10-15 minutes away from Clarkefield or Riddells Creek Railway Stations.

For further details please do not hesitate to contact Debra Watchman on 0409 828 490.

Property History for 118 Main St, Romsey, VIC 3434

A timeline of how this property has performed in the market
Last Sold
$1,050,000
24 Nov 2023
  • 24 Nov 2023
    Sold for $1,050,000
  • 25 May 2023
    Listed for Sale $1,200,000 - $1,300,000
  • 18 May 2007
    Sold for $350,000
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About Romsey 3434

The size of Romsey is approximately 80.4 square kilometres. It has 1 park covering nearly 0.4% of total area. The population of Romsey in 2011 was 4,411 people. By 2016 the population was 4,739 showing a population growth of 7.4% in the area during that time. The predominant age group in Romsey is 40-49 years. Households in Romsey are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Romsey work in a trades occupation. In 2011, 85.3% of the homes in Romsey were owner-occupied compared with 83.5% in 2016.

Romsey has 2,835 properties. Over the last 5 years, Houses in Romsey have seen a 41.34% increase in median value, while Units have seen a 36.46% increase. As at 31 October 2024:

  • The median value for Houses in Romsey is $823,492 while the median value for Units is $550,566.
  • Houses have a median rent of $490 while Units have a median rent of $450.
There are currently 39 properties listed for sale, and 2 properties listed for rent in Romsey on OnTheHouse. According to CoreLogic's data, 86 properties were sold in the past 12 months in Romsey.

Suburb Insights for Romsey 3434

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.