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Restaurant Food/Hospitality Business

464 Queen Street Auckland Central, Auckland City 1010

Sold on 30 Jun 2016
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    Restaurant Food/Hospitality Business in Auckland Central

    QUEEN STREET CHINESE RESTAURANT

      Located in Central Auckland City on Queen Street, New Zealand's major commercial and retail hub; this is an area on an extremely busy shopping street with lots of foot traffic.

      The shop has 2 levels/floors, and the ground level is restaurant.
      First floor has 3 bedrooms, 1 bathroom, 1 kitchen (with single car park).
      The first floor also has a separate entrance, and the building has multiple entrances.

      The gross income is $7000-8000 per week.
      The overall rent for the premises is $1200 per week.
      20 year lease signed, 4 years left on the lease.
      The 3 bedroom property rent is $750 per week (overall rental cost is $450per week, e.g. $1000 - $750 = $250).

      The restaurant sells good but easy to prepare dishes, and lots of customers order takeaway. It would be possible to get a replacement chef to run the restaurant; the owner is serious vendor.

      This is a good opportunity if you are looking for a restaurant business that is successful, simple to run and maintain, and is located in an extremely busy and popular area, with potential for even more growth:

      Call Vicky or Catherine today.

      Property ID:

      ABY24925

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