Otago / Otago

Asset & Lease Sale Suburban Location - Needs Sold

Web Ref #36388
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Particulars

Address:
Otago
Price:
$57,500
Listing ID:
36388
Category:
Restaurant

Otago - $57,500

The Keystone is a well-positioned restaurant, on a corner site of a busy main road in two popular and highly populated suburbs, this location has had a few different identities over a number of years with different operators.

With a simple and clean fit-out, this excellent little venue is the type of operation that should comfortably support one working owner or a young dynamic couple with the assistance of a couple of casual staff.

With major city infrastructure works on-going, Dunedin is becoming a chosen destination for both migrants from other centres and new immigrants from around the world coming for work and educational opportunities.

This is a prime opportunity for a first-time operator to get into their first site and take this low overhead owner/operator model and create their own space and establish themselves in a solid hospitality market catering to a growing city.

With good local landlords an extended lease for the right tenant should be easily attainable, once a trading pattern and history is established. And with that a sustainable future plan towards creating a path of your own destiny.

Equally, this location leads itself to a prime site for a satellite second or third venue for an established operator with low set up costs. Essentially this is an asset and lease sale as the current business is making a heavy loss and the vendor needs an exit and speedy sale. There is an opportunity for an experienced operator to snatch a bargain.

Contact Jason Marshall - 021 969 979.

Price $57,500

To express your interest, complete the Confidentiality Agreement today and our broker will be in touch. Copy and paste this link into your browser:www.ds4u.cc/abc?ref=36388
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Particulars

Address:
Otago
Price:
$57,500
Listing ID:
36388
Category:
Restaurant

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