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81 - 85 Hastings Street, City Centre

Price by negotiation

Listing Description

Listed: Tue, 19 Mar

How's Your Appetite?

81 - 85 Hastings Street, City Centre, Napier, Hawke's Bay

Details

  •   120m² Floor
AttributeValue
Property use
Hotel/Leisure
Capital value (CV)
$690,000
Agency reference
NAP10074

Description

360 Realty as Sole Agent is proud to present to market 81-85 Hastings St, Napier.

Positioned in the heart of the Napier CBD within the world renown and historic Art Deco District of Napier. 81- 85 Hastings Street sits below the former Criterion Hotel an Art Deco gem. Designed by EA Williams and built by WM Angus, in the Spanish Mission style with Art Deco influences. The hotel was rebuilt following the devastation of the Napier Earthquake of 1931 by a group of intrepid local businessmen who sought to kick start the reconstruction of Napier. By Easter of 1933 building work was complete and open to the public. Covering half a city block the former hotel accommodation occupies the first floor while retail stores occupy the ground floor tenancies. Two of which are now available for you to own. Today the opportunity that presents to you is for an investment property of a food grade establishment. That has road frontage and visibility to pedestrians and passing vehicle traffic. With an estimated 130,000 cruise passengers anticipated to visit Napier in the 2024 season their appetite will be ravenous as they follow the art deco trail.

Features

  • Stratum in Freehold
  • Two titles
  • Floor 120 sqm
  • Food Grade
  • Street frontage 10m approx
  • Art Deco District
  • High Foot Traffic

Nested within the Hospitality district close to Market Street Bar, The Rose Irish Pub, Zambrero, Ajuna Eatery, Cafe Tennyson that complement the current tenant Everest Nepalese Restaurant. Which serves a distinctive blend of Indian and Chinese cuisine.

On offer is a unique opportunity to secure a hospitality location within the historic retail centre of Napier

Further information is available on request and viewings are strictly by appointment.

Call Iain Bradley on 0212814007, today





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Agent's details

Iain Bradley

Enquire about the property

Platinum Partner

360 Realty Limited, (Licensed: REAA 2008)

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