An exceptional opportunity to acquire a fully established large-format hospitality venue at a fraction of its replacement cost.
Originally established with an estimated setup investment of approximately $1.7 million, this impressive operation occupies approximately 471 sqm and includes extensive commercial kitchen facilities, licensed premises, quality fit-out, and substantial hospitality infrastructure already in place.
The business has built strong recognition within the local dining market and is currently offered for sale at a price significantly below both the historical setup cost and the current depreciated asset value.
Key Features
- Approx. 471 sqm hospitality premises
- 7 designated customer car parks included in the lease
- Additional customer parking available after office hours and during weekends
- Large commercial kitchen and food preparation facilities
- Licensed premises
- High-profile location with excellent visibility
- Strong surrounding commercial and office catchment
- Extensive plant, equipment, and fit-out infrastructure
- Current depreciated asset value substantially exceeds the asking price
This opportunity may suit hospitality operators seeking a large-scale venue, restaurant groups looking to expand, or buyers wishing to reposition the premises for an alternative hospitality concept (subject to approvals).
Opportunities to acquire hospitality infrastructure of this scale are increasingly rare, particularly where the purchase price is well below replacement cost and existing asset value.
Henry Han - 021 516 588 / 09 555 6068
Email:henry.han@linkbusiness.co.nz
Susan Han- 027 566 8938 / 09 555 6066
Email:susan.han@linkbusiness.co.nz
*Please refer to the LINK website for full disclaimers.
Ref: EL05218
Timestamp: 20260615111502