Property listing ID: 4096385
A rare opportunity to take over a high-performing restaurant in the heart of Albany’s busy commercial precinct. With an approximately 150m² floor area, a clean modern fitout, and a fully equipped kitchen, this business is ready for a new owner to walk in and start trading immediately. The premises is extremely well set up and include a newly upgraded high-power extraction system, three-phase power and gas, a large commercial kitchen with generous prep space, two staff car parks with abundant customer parking at the door, and an accessible toilet suitable for a liquor licence application. The business benefits from strong surrounding demand, with a language school directly upstairs, Massey University across the road, and major retailers such as Torpedo7, PAK’nSAVE, and Westfield Shopping Centre all within walking distance. KEY FEATURES: • Rent - $87,300 + OPEX and GST per annum • OPEX - $14,922 + GST per annum • Average weekly turnover - $11,000 to $13,000 • Lease expires 30 June 2031, with the ability to negotiate longer terms • Fully equipped commercial kitchen and modern fitout • Strong nearby demand drivers and excellent customer parking The current owner has recently opened a new CBD store and can no longer manage both locations, so this Albany site is offered for genuine sale. For more information or to arrange a confidential discussion, please contact the listing agent Ruby Duan at r.duan@barfoot.co.nz or on 021 024 68787
Listed by Barfoot & Thompson , Ruby Duan (City Commercial)