Ad ID: 68957

Bar and Restaurant for Sale Auckland CBD

Queens Ferry Hotel (Vulcan Lane) - 3 Floors of Hospitality Heaven

Location:
Asking:
$149,000
+ Stock of $15,000
Turnover:
$1,265,000

Business for Sale Description

Bar and Restaurant for Sale Auckland CBD

Set in the bustling precinct of Vulcan Lane, the Queen's Ferry Hotel was built in 1858 and granted a licence to serve liquor on April 19, 1865 making it "the Oldest Licensed Pub in Auckland" - Heart of the City. 


Ground Floor: The Lobby - Good solid pub food 

Level 2: The Gin Room - High end cocktail bar

Level 3: Function Space - Catering for a range of events with a capacity of up to 75 


Business Highlights 

- Current 3 floor rental of $200,000+ OPEX with a secure lease through till 2030 

- Current Annual turnover exceeding $1.1Million (GST Excl) 

- Pour whatever beer you like with no Solus agreement in place. 

- Become an important part of Vulcan Lane, an Auckland hospitality hotspot 

- Amazing historic building with a beautiful story behind it 

- Hundreds of thousands of $$ spent on fit out across the 3 floors 



The neighbouring businesses of Queens Ferry are doing incredible turnover.. What could you do with this opportunity? 

Call the hospitality specialists Sterling Arnet or James Ashwin today to make an appointment. 


Asking Price: $149,000 + Stock of $15,000

Agency reference #: KA1565

Interested In This Opportunity?

Email To A Friend / Myself

 

Kakapo Business Sales Ltd
For more info
Contact:

Sterling Arnet

Sterling Arnet
02102685891
Kakapo Business Sales
Licensed REAA 2008
Broker Ref: KA1565

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