This is an exciting opportunity to acquire a renowned Restaurant & Bar in the heart of Addington, Christchurch. The sale is structured as an asset sale with a lease transfer, and no full financial will be provided as part of this sale process. The deadline sale will close on 15 November, offering interested parties a limited window to take advantage of this rare opportunity.
Tangible Assets: $173,394 based on the 2024 depreciation schedule
Stock: $8,000
Any offer can be considered ( put your offer today, getting this opportunity)
Full liquor license :On License Hours: 8am-11pm Off License Hours: 10am10pm
The Venue Features:
18-Gaming Machine Venue: A thriving bar and eatery, combining craft beer, pub cuisine, and live entertainment.
Prime Location: Situated in the heart of Addington, Christchurch, attracting both locals and visitors.
Craft Beer Selection: Extensive range of carefully curated craft beers, appealing to beer enthusiasts.
Delicious Pub Cuisine: The kitchen offers a variety of pub dishes, using fresh and locally sourced ingredients.
Live Entertainment: Weekly live music performances on Fridays and Saturdays, drawing a lively crowd.
Special Events: Hosts quiz nights every Thursday and open mic on Wednesdays, engaging a diverse audience.
Key Collaborations: The venue is the base for the Canterbury Blues Club and recently hosted the Foo Fighters pre-show party in collaboration with MediaWorks.
Newly installed carpet and freshpaintwork,enhancing the overall appeal and ambiance of the establishment.
Annual rent of $115,029, providing around 300sqm for such a prime location.
Nine parking spaces, leased at $8,775 annually, adding convenience for patrons.
This Restaurant & Bar is well-established, offering an exceptional combination of craft beers, gourmet pub food, and live entertainment. With its prime location in Addington and recent upgrades, it presents a unique chance for a new owner to step in and build on its existing success.
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.