Cafe, Eatery, Restaurant, Bar for Sale 467 New North Road, Kingsland

Why buy this Cafe, Eatery, Restaurant, Bar Business

Cafe, Eatery, Restaurant, Bar for Sale 467 New North Road, Kingsland

Please note this business is being sold as a hospitality site with no intellectual property provided, you will be required to rebrand this site upon settlement.

Elisabeth is Kingsland's darling hospitality site, boasting a character heritage facade, small kitchenette and spacious 3 bedroom accommodation for those who love to live at work or subsidise rent to battle the ever growing market rates of Auckland.

This hospitality site can easily be converted into a small wine bar, espresso bar or premium dessert spot to name a few. Just a 4 Iron away from Eden Park, take advantage of the all the upcoming sporting matches and turn your culinary dreams into profits.

Business Highlights

- Annual rental of $60,000+GST

- Annual car parking @ $2,500+GST

- Rental bond of 3 months rent & OPEX

- Lease secured through to 2028

- Residential grade extraction in place

- No gas currently

- Close proximity to Eden Park

- Licensed to serve alcohol from 8am to 2am! (rare)

- 3 Bedroom upstairs (with shower & bathroom) overlooking Kingsland

- Rent upstairs for $600+ per week, bringing downstairs rent to under $30,000+GST a year

Ready to turn up the heat and set Kingsland's hospitality scene on fire!? Call the hospitality pros Sterling Arnet on 021 026 85891 & Jess Simmiss on 0273343383 today to check it out!

Asking Price: $45,000 + Stock of $500