“It was about celebrating what was here before and paying tribute to that,” says Donna of The Merchant Exchange’s aesthetic inspiration. “It is all very classical decor, from the stone and the brass to the mirrors, the glass and the black leather. The deep-green feature seating, the plush curtains – everything is a celebration of heritage.”
Though a bar first and foremost, The Merchant Exchange starts its trade in the mornings. From 8:00 am, the curtains are pulled back and the coffee machine is turned on, with beans from Humanity Coffee Co. on offer alongside small sweet treats like macarons and baklava.
“We identified that this precinct has great takeaway coffee, but what it doesn’t have is somewhere really nice that you can come and have a professional business meeting – somewhere private, somewhere central,” says Donna. “So we open for coffee in the mornings and then we morph into our bar by about 11:00 am.”
As The Merchant Exchange pivots from coffee to cocktails, the venue’s trove of spirits comes into play. Whisky anchors the offering, with many of the world’s best makers represented on the amply stocked back bar. You’ll spy Scottish stalwarts Lagavulin, Talisker, Cragganmore, Glenfiddich, The Balvenie, Auchentoshan, Oban, Laphroaig and Glenmorangie, as well as bottles from choice international producers.
“The offering is tailored towards your whisky drinkers, with a great assortment,” says Donna. “We’ve got everything from English, Irish, Scottish, American, Japanese and Australian whiskies, as well as whiskies dating all the way back to 35 years old.”
Discerning drinkers or regulars can rent one of The Merchant Exchange’s whisky cabinets for a 12-month commitment. A $1000 spend goes towards filling the cabinet with your choice of high-end drop (such as a Benriach 30 Year Old Single Malt, perhaps) alongside a set of Royal Doulton crystal glassware, which is yours to enjoy every visit.
As for the rest of the imbibable offering, The Merchant Exchange also serves a sturdy selection of wines (its first-pour champagne is Veuve Clicquot) and a list of cocktails. You won’t find any wild riffs here – the bar team is executing a range of timeless classics and crowd favourites.
“Our cocktail list is a celebration of heritage,” Donna explains. “We’re not trying to write a new contemporary cocktail list – what we’ve done is we’ve celebrated those classic cocktails.”
While you won’t find a lengthy food menu at The Merchant Exchange, the RMS Group is leveraging Little Miss Sunshine’s kitchen to prepare and serve a range of small plates perfect for social snacking, from cheeseboards and arancini to crispy calamari and halloumi skewers.
The Merchant Exchange is now open from Monday to Friday – head to the Stumble Guide for operating hours and other important details.