K'Road Bar or Club

Auckland City

$199,000

Proposed Usage
Tourism & Hospitality
Description:
Property ID
1bz81wq



Truly an iconic site with a huge history. In recent times it has been run as a pop-up restaurant, bar and live music venue.Strong lease to 2030Lots of history on this siteExcellent level of fit-out. Asset value $350k plusCould be a restaurant, a bar, a live music venue, a nightclub or a combination of all of these!

This place has done $1m ex GST over the previous financial year, the location is well proven and Karangahape Road is so hot right now.

A good operator can create something special here - this would make an awesome club or bar. You can keep the bones of the current concept, but you will probably add your own flair and direction. The place is fully fitted-out to a very high standard.

The asking price is really realistic at $199,000 plus stock.

Reference: EL00615
Ref: EL00615
Timestamp: 20180923054505

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