Australian Venue Co – assets of 318 Little Collins Street, Melbourne (also known as The Carson)

WA-70044

AVC Operations Pty Ltd (**AVC**) proposes to acquire substantially all of the assets of the licensed hospitality business intending to trade as The Carson in Victoria, from Datre Pty Ltd (**the Vendor**), including the exclusive right to carry on the business in succession of the Vendor under the benefit of a new lease, pursuant to an asset sale agreement (**the Acquisition**). For the past 5 years, 318 Little Collins Street, Melbourne has been operating as a small ground-floor retail and food arcade with largely independent tenants offering a limited range of food and beverage options. A major redevelopment was proposed in 2020 to refurbish the existing late-1960s building by adding a large hospitality space and rooftop. The Carson will be a contemporary, beverage-led rooftop bar and restaurant operating under a Late Night On-Premises Licence located at 318 Little Collins Street, Melbourne. It is expected to open and commence trading in December 2026. AVC is a subsidiary of Australian Venue Co. Holdings Limited which operates over 200 licensed venues throughout Australia and New Zealand, primarily pubs, as well as some bars, clubs and licensed restaurants. AVC’s venues are individually branded and are mostly located in inner-city and metropolitan areas, offering a range of products and services including food, alcoholic and non-alcoholic beverages, function rooms, live entertainment and gaming facilities.