Restaurant, Bar or Club with Tavern License

Auckland City

$199,000

Proposed Usage
Tourism & Hospitality
Description:
Property ID
1bz81wq



Truly an iconic site with a huge history. In recent times it has been run as a restaurant, bar and live music and entertainment venue.Strong lease to 2030Lots of history on this siteExcellent level of fit-out. Asset value $350k plusCould be a restaurant, a bar, a live music venue, a nightclub or a combination of all of these!

The current owner has achieved sales of around $1m ex GST over the last financial year, but he has several other businesses, is not present at all in this one and feels that someone else should take the site over and focus on growing something special here.

You will need some hospitality experience or at least a strong desire to succeed and to create something special. You can keep the bones of the current concept, but you will probably add your own flair and direction.

The asking price is extremely realistic at $199,000 plus stock.

Reference: EL00615
Ref: EL00615
Timestamp: 20171211054511

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