Listing #:1634677696

RETAIL SPACE WITH RESTAURANT/BAR EXISTING USE ...

Location: 1 Williams Road, Paihia, Far North, Northland
Property use: Retail
Floor area: 210m2
Price: Asking price $775,000 + GST (if any)
In the peak of cruise ship season, Paihia can be visited by up to 6,000 passengers in one day, a retailer's dream. The cruise season brings 150,000 people to Northland, with over 60 cruise boats visiting Paihia per season. Combined with local tourism, mountain biking and bay activities, Paihia thrives.
The currently vacant property is located behind the main shopping strip at 1 Williams Road, across the walkway from LJ Hooker, Anchor Antique and Uku Toi Gallery. It is also easily accessible via pedestrian entrances to Selwyn Mall via both Williams Road and Selwyn Road.
The space has existing use rights for a restaurant/bar, has been rewired/reconfigured and two new airflow extraction systems have been installed as per the new layout pictured. The previous tenant who started the renovation has started the fit-out with timber framing for internal walls and seating but unfortunately was unable to continue. Internal seating capacity of 100, plus an additional covered outdoor alfresco dining area.
This is a rare opportunity for an owner operator to establish their own restaurant/bar or an investors to tenant and enjoy a return on investment of 10% +.

Contact the local commercial specialist for more information and to view.

Agency reference #: 78411
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Asking price: $775,000 + GST (if any)
1 Williams Road, Paihia, Far North, Northland
Asking price: $775,000 + GST (if any)
Listed: Wed 16 May, 11:40 am
Regan Polglaze
Barfoot & Thompson MREINZ Kerikeri , Licensed Agent (REAA 2008)
  • Contact details
  •  (021) 2932411

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Agent's details

Regan Polglaze
  •  (021) 2932411
Hayden Clarke
  •  (027) 4070071
Barfoot & Thompson MREINZ Kerikeri , Licensed Agent (REAA 2008)
(09) 4073850
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