Remuera

For Sale $55Plus GST (if any)

276m² Floor Area

CAFE AND BAR - HAS TO GO IN APRIL


Are you experienced in hospitality?
Comfortable with the current rental terms?
  • Current Rent: $83,000 + GST p.a.
  • OPEX: Approx. $16,941 + GST p.a.
Looking for an incredible bargain?
Then this opportunity is for you! To secure this deal, you must be ready to take over in April 2025. Contact the sole agent today for a full chattel list and to arrange a viewing.

Turnkey opportunity – a fully set-up café and bar spanning two levels, with a total floor area of approximately 276m². The ground floor features a street-facing café of around 70m², while the basement level houses a bar of similar size, with its own separate entrance from the rear street.

Extensive chattels – includes a comprehensive range of kitchen equipment, furniture, and fit-out. Full chattel list available on request.

Liquor and food licences – both freshly renewed, valid through to October/November 2025.

Prime location – positioned in a bustling central suburb with excellent foot traffic and a loyal local customer base, offering strong potential for growth.

Priced to sell – originally purchased in February 2017 for $884,000, including chattels valued at $403,000 and goodwill of $481,000.

Lease term – the landlord is open to negotiating a long-term lease with the right tenant. Hospitality experience is essential, along with a minimum three-month bond.

Property details

Location:
Remuera
Property ID:
4055752

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