nzbizbuysell.co.nz/102933
Ad ID: 102933

Cafe, Restaurant, Bar and Deli for Sale Queenstown

This North facing cafe with great sun hours year round is a highly popular meeting place for locals from all over the Queenstown!

Location:
Asking:
$695,000
Offers Over | +GST (if any) +SAV

Business for Sale Description

Cafe, Restaurant, Bar and Deli for Sale Queenstown

Major Queenstown Hospitality Business Now On The Market

The Hayes Café, Bar, Family Restaurant and Deli Store is a very modern hospitality complex, with great onsite parking, and enjoys a very strategic location overlooking Nerin Square, which is situated in the centre of the estate, drawing on patrons from both Lakes Hayes Estate and Shotover Country subdivisions in Queenstown. The North facing prime location, means it enjoys exceptional sun hours year round, and it is a popular meeting place for locals from all over the Queenstown area.

  • Iconic local feature business
  • Strategic north-facing location with long sun hours
  • Stunning fit-out inside and out
  • Large indoor and outdoor seating areas
  • Fabulous children’s play areas
  • Highly popular with locals
  • Long lease available
  • Potential to develop
  • Plus owner accommodation options!

THE HAYES

This iconic local cafe, bar, restaurant and Deli is at the heart of this community. The multi level “The Hayes” Building was constructed by longtime locals and enjoys superb local patronage and support. The great use of stacked stone, wood and polished concrete give the complex a fabulous warm and inviting feel.

This modern hospitality leasehold business features fabulous flexible indoor and outdoor dining spaces, and a separate bar or function room adjoining the main café and restaurant area, plus it offers a great child-friendly outdoor play area to the north of the complex.

A fabulous Deli and takeaways business completes the hospitality income streams, and there are also two 2-bedroom apartments above the premises, that are rented out to great tenants, or potentially one apartment could potentially be used by the new owner(s) as their residential accommodation if desired.

The seating capacity within the café/restaurant area is approx. 80 patrons, the seating in the bar/function room is approx. 20 patrons and the outdoor seating on the western terrace allows for approx 60 patrons. The outdoor terrace is suitable for a pergola system to be erected and the landlord is prepared to do a joint effort to make this happen, please see the documents for further information.

The current opening hours are: Restaurant, Cafe & Bar: Mon closed, Tue – Thu 12 till late, Fri – Sun 10am till late, with takeaways available all day every day when open. Deli hours: open 7.30-8pm, 7 days a week.

The long lease and superb landlord and lease terms makes this a great long-term business opportunity for an experienced hospitality operator, in a community and location that is renowned for supporting the venue.

This is a fantastic hospitality opportunity, in an area surging in growth, and forecasting to continue. Perfect for a couple, extended family, or group to own and operate as it is currently run, or develop it further. Please see the documents for full details, or contact Adrian now – early viewing is strongly encouraged!

For further information, register now, or contact specialist Business Broker Adrian Chisholm, AREINZ, on 021 727 888 or email adrian@tourismproperties.com.

Business Resources

Lake Hayes Estate (often shortened to LHE) is a suburb nearby to Queenstown in the South Island of New Zealand. It is named after and situated near Lake Hayes. The population of the town at the 2018 census was 6,240. The main access to Lake Hayes Estate is off State Highway 6. To the west is the newer sub division of Shotover Country which can be accessed via Jones Road.

McBride Park is one of the central points of the estate and was named after a family of industrious settlers who first lived on the land. In the centre of the estate is a large grassed park which is surrounded by a bike park and bike pump track made of asphalt. There is a mini multi-purpose turf near Onslow Road which is used for basketball, hockey, tennis and football. There is also a large children’s playground next to Hope Avenue which includes a variety of activities available including a flying fox and a climbing rock. There is also a public barbecue incorporated with the playground.

There are a large number of public trails that circle the estate and allow good access throughout the suburb. They are used by walkers, runners and cyclists and connect to the much larger Queenstown Trail. The Lake Hayes Circuit track connects with Lake Hayes to the north via Ada Place. The Twin Rivers Ride to the south connects to Frankton and Gibbston and is accessed via Widgeon Place. The nearby subdivision of Shotover Country to the west can is linked via the trail network to Lake Hayes Estate.

  • The Twin Rivers Ride biking, running and walking trail, part of the Queenstown Trail
  • The Lake Hayes Loop biking, running and walking trail, part of the Queenstown Trail

For more info
Contact: Adrian Chisholm

Adrian Chisholm

021727888
Business Hours
Tourism Properties.com
Licensed REAA 2008
Broker Ref: 45507

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