Property Overview
This multi-tenanted commercial property is centrally located in the Rotorua town centre, within walking distance of Rotorua CBD, the Polynesian Spa, Lake Rotorua, surrounded by retail shops, offices, motels, and hotels.
• Freehold title with 39m2 of land and a 367m2 building.
• Ample off-street parking
• The property is leased to two quality tenants with two fully equipped commercial kitchens, offering a split investment risk.
Business Overview
This restaurant is famous for its authentic Chinese cuisine, the current business owners focus is dedicated to making high quality food resulting in a strong reputation and standing out among other Chinese restaurants in town.
Business highlights:
• Prime location with significant foot traffic
• Great presentation and layout
• Fully licenced with seating for about 46 to 50 guests
• Consistent all year round with stable weekly sales
• Large regular local customer base (not just reliant on tourist trade)
• Well established commercial kitchen with cutting edge equipment resulting in labour efficiency
• Two full time working owners can look forward to a surplus of around $250,000.
This is a fantastic investment opportunity for a restaurant operator to secure their future by owning both the property and the business. It shields you from rental increases and lease term restrictions, offering an additional stream of rental income to mitigate risk.
Call Christine - 022 3171359 now and book a viewing.
Price $1,250,000 + GST (Land, Building and Business)
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