Commercial

Extensive Hospitality Fit-Out | Riccarton Road

87 Riccarton Road, Riccarton

Retail Premises
dollar

Negotiation

Floor area
384.6m²
Other park
25

Property description

Listing # 001131|Listed on 21 September

KC Real Estate is pleased to present 87 Riccarton Road, Riccarton, to the market for lease.

A rare opportunity to secure a substantial, modern and purpose-designed restaurant/bar premises in the heart of Riccarton, complete with an extensive existing hospitality fit-out, allocated staff parking and generous customer parking.

Comprising approximately 384.6sqm of internal area, together with an impressive 141sqm outdoor courtyard, the property offers excellent scale and flexibility for an experienced hospitality operator. Up to 25 onsite car parks are available during peak trading hours.

Currently operating as Lone Star Riccarton, the premises are available by way of assignment or sublease, subject to agreement. Important: The Lone Star franchise is not available.

The tenancy has benefited from significant investment and provides an incoming operator with the opportunity to utilise an extensive existing restaurant and bar fit-out, potentially saving considerable time and capital compared with starting from a bare shell.

The existing configuration includes a substantial open commercial kitchen, bar and reception areas, generous restaurant seating and an attractive outdoor courtyard. The fit-out and chattels to be negotiated separately, depending on the requirements of the incoming operator.

Key Features:

  • High-profile Riccarton Road location

  • Approx. 384.6sqm internal area

  • Approx. 141sqm outdoor courtyard

  • Extensive existing restaurant and bar fit-out

  • Substantial open commercial kitchen

  • Generous customer parking – up to 25 onsite parks during peak trading hours

  • Allocated staff parking

  • Available by assignment or sublease

  • Existing fit-out and chattels available by negotiation

Riccarton is one of Christchurch’s most established hospitality and retail destinations, drawing customers from a broad surrounding catchment. The property benefits from excellent accessibility, profile and parking, with Westfield Riccarton nearby, numerous established hospitality businesses in the immediate area and a significant concentration of visitor and tourist accommodation along Riccarton Road.

The existing fit-out could lend itself to a wide range of hospitality concepts.

For an experienced hospitality operator seeking substantial, established premises without the cost and lengthy lead time associated with completing an entirely new fit-out, 87 Riccarton Road deserves serious consideration.

Contact SOLE AGENT: KC Real Estate, Karen Collis on Ph: 021 344 589 or Email: karen@kcrealestate.co.nz

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Karen Collis

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KC Real Estate, (Licensed: REAA 2008)

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KC Real Estate Ltd (Licensed: REAA 2008)

Karen Collis

KC Real Estate Ltd (Licensed: REAA 2008)
28 active listings

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