Listing #:1688809254

Get down to Bedrocks

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Location: 15 Waterloo Road, Lower Hutt, Wellington
Property use: Retail
Floor area: 302m2
Price: Price by negotiatio­n
Run by one of Wellingtons most experienced hospitality operators, Bedrocks is a well established and popular local watering hole.

Well leased with personal guarantees at a rental of $90,000 pa gross plus GST, leaving a net return of $79,813 net plus GST.

Central location is key to its success, having been a hospitality site for as long as many can remember.

The property is superbly maintained and well sized at 302sqm, with an outdoor area of 170sqm; all of which making it totally fit for purpose.

• The lease - 5 years plus Rights of Renewal
• The rent - $90,000 pa gross making it $79,813pa net
• The tenant operators - One of Wellingtons most experienced
• All supported by - 18 gaming machines help pay the rent


As icing on the cake, the tenants business is supported by the profits from 18 gaming machines, further securing the tenants position.

Agency reference #: 3251755
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Price by negotiation
15 Waterloo Road, Lower Hutt, Lower Hutt, Wellington
Price by negotiation
Listed: Thu 5 Jul, 2:40 pm
Paul Cudby
Capital Commercial (2013) Ltd MREINZ, (Licensed: REAA 2008)
  • Contact details
  •  (04) 4996022
  •  (021) 421374

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Agent's details

Paul Cudby
  •  (04) 4996022
  •  (021) 421374
Andrew Smith
  •  (04) 4996022
  •  (021) 421401
Capital Commercial (2013) Ltd MREINZ, (Licensed: REAA 2008)
(04) 4996022
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Expires: Thu 14 Feb, 1:25 pm
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