Prominent hospitality business for sale!

Glenorchy, Queenstown-Lakes

By Negotiation

Proposed Usage
Other Businesses for Sale
Description:
Property ID
1c3j9yk

The Glenorchy Cafe, 'The GYC', is a well-established institution. The business is located in the iconic and historic Glenorchy Post Office building.
The premise is centrally located within the Commercial Precinct with complete main street frontage. The operating area is large, has a private back deck, grass lawn, and is conveniently adjacent to the community hall and a council reserve. The rear of the premise is north facing, with unobstructed mountainous views and all day sun, all year round. The building has loads of character and is the only commercial business operating from a historic building in the Glenorchy township.
The business trades seven days a week as a cafe, restaurant and bar and opens weekend nights as a pizzeria and bar with a huge local following.
There is a full Commercial Kitchen, popular licenced bar with a total seating capacity of 120 pax (including inside and out). There is also plenty of room outside to expand for additional marquees or seating too.
Current owners have been operating for fourteen years, closing two months of the year and showing excellent turnover for only ten months trading. It's now time to offer this renowned business to the market.
A flexible and/or long lease agreement will be offered to the successful new owners.
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