CBD Hospo Site. $100,000 Landlord Incentive + Rent Free!

All for $1 - This is not a misprint!

Address 10 Federal Street, Auckland CBD

Location Nationwide, Auckland - Central

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

Asking Price $1 + Stock

Listing ID KA1951

Please note this is being sold as a hospitality site with no intellectual property provided.
Located on the corner of Federal and Wolfe, this hospitality site has been the host of many successful lunches, brunches and corporate meetings.
We're on the search for a super sharp operator that has the know how to set up a top class, award winning cafe. The current space has been gutted and rejibbed, perfect for anyone looking for a blank canvas to work on.
The kitchen still pertains to the essence of workbenches/fridges and cooking amenities, which will serve as the base for operations to come.

Business Highlights
- Long and secure lease through to 2029
- 1 x 8 Year term on offer
- Annual 3% fixed Rental increases and market @ Renewal
- 205m2 of prime CBD hospitality
- Annual rent of only $123,000 + (GST Excl)
- Annual outgoings of $14,350+ (GST Excl)
- Incentives of up to $100k towards the fit out!
- Base rent free for 1 year
- Landlord to gift new bathrooms to tenants choice!

Are you the Wolf of Federal!? Give Sterling Arnet the hospitality specialist a call today on (021)026-85891 to discuss.

Asking Price: $1 + Stock
Listing ID: KA1951