Bar UK07. High Foot Traffic, High Profile Corner CBD Site

Amazing location for a day/night hospitality concept

Address 3/10 Wellesley Street East, Auckland CBD

Location Auckland,Auckland City

Sales No weekly sales, being sold as a hospitality site only

Asking Price $1 + stock

Listing ID KA2294

Please note this business is being sold as a site sale with no intellectual property provided
Prime position in the CBD on the high foot traffic corner of Lorne and Wellesley St, UK07 is the hottest late night bar on Lorne St. In close proximity you will find the major Auckland Universities, Queen St and the Civic Theatre, this is the perfect spot for your next hospitality concept.
There are so many options around what this space could be, with a 2am liquor licence you can trade late into the night and pop bottles of an evening, you can also make the most of the thousands of people who walk by during the day by introducing a funky daytime concept.

Business Highlights
- High foot traffic, high profile corner site
- Annual rental of $96,000+GST
- Annual OPEX of $29,000+GST
- Secure lease through to 2029
- 55+ seats with room for more
- Lion Breweries Solus agreement in place
- Licensed to serve alcohol until 2am
- Awesome location, moments from the Universities and The Civic
- Open 7 days and nights

Are you ready to tackle the bright city lights of Lorne St? Give Sterling Arnet the hospitality specialist a call today on 021 026 85891 to discuss.

Asking Price: $1 + Stock
Listing ID: KA2294