Ad ID: 65519

Prime Retail or Hospitality Site for Sale Queenstown CBD

An opportunity to secure one of Downtown Queenstown’s prime locations! Prime CBD retail and hospitality site, with long leases in place! Take advantage of the high foot-traffic alley-way.

Location:
Asking:
$275,000
+GST if any

Business for Sale Description

Prime Retail or Hospitality Site for Sale Queenstown CBD

Queenstown’s Cup & Cake retail store and café, which serves Espresso Coffee, plus the online E-Commerce platform to sell the Cup & Cake products New Zealand wide, is now for sale.

Cup & Cake opened in April 2011. The product line includes cupcakes, cake pops and freshly baked cakes. They also bake sugar, chocolate and gingerbread cookies and are currently retailing tea, candles and cookbooks.

This great premise is situated in the very heart of the CBD in Queenstown, in the delightful walking lane between Church Street and Searle Lane, where the foot traffic is heavy.

The building is new, fresh and the landlord is great to deal with, as are the neighbouring businesses. Carparking is easily accessible on Church Street, and the 30 minute time limit on parking means the foot-traffic is continuously refreshing in the alley-way.

The retail site features 41.11 m2, including 5.21m2 common area, and it has an extremely long lease, and if all renewals are exercised, this goes through until 31 March 2027!

The lease terms allow for:

• Food manufacturing 

• The sale of food and beverages  

• The sale of merchandise

The chattels list is extensive and the IP includes a trade mark, database, website and online shop via the Cup and Cake website.

Broker’s Comments: Do not miss this Queenstown CBD opportunity!  This business has experienced a great trend line for turnover since April 2011 and with the very recent addition of the online shop, this business is now ready for a new owner to take this business to the next level. It presents a real opportunity to rapidly develop and expand the espresso coffee and café business.

Interested In This Opportunity?

Email To A Friend / Myself

 

Tourism Properties.com
For more info
Contact:

Adrian Chisholm

021 727 888
Tourism Properties.com
REAA 2008
Broker Ref: 57793 CUP&CAKE

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