19 Clive Square, Napier South, Napier
By Negotiation
170m2
Once in a lifetime opportunity
Café/restaurant in prime Napier location. Elicious café/restaurant offers a rare chance to secure a well-established hospitality venue in the heart of Napier, directly overlooking the beautiful Clive Square Gardens. Housed in a character-filled villa, the café/restaurant features seating for up to 80 guests both indoors and outdoors. The premises have been tastefully renovated and fitted out with a modern kitchen, stylish front of house, and quality chattels, fixtures, and fittings throughout. This is a thriving location close to Napier's CBD. The newly relocated Art Deco Centre is now situated at Clive Square. The popular weekly Farmers Market, held on Saturdays, together with the Intercity Bus Terminal located next door to the café, draws a steady flow of foot traffic to the area. The business comes with the benefit of a long-term lease at a net rental of $39,200 per annum plus operating costs and GST. With the current owners relocating north to be closer to family, this is a genuine opportunity for new owners to take over and continue building on the cafe's success. For sale by negotiation. Enquire today for more details.
19 Clive Square, Napier South, Napier
Web ID
NC211153
Floor area
170m2
District rates
$9,873.98pa
Regional rates
$951.54pa
By Negotiation
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• For lease 90sqm fronting Civic Court and adjacent to Tourism House, available 1 February 2024 • Access from both Station Street and Dickens Street, and close to CBD shopping centre • Very tidy, carpeted, air-conditioning unit, access front and rear, separate toilet and kitchenette. • One on-site carpark available $1,950pa + GST • NBS rating is 70% • Lease terms and conditions are negotiable with gross annual rental Circa $20,000pa + GST Make the move now to secure this versatile tenancy.
By Negotiation
This multi-tenanted Napier CBD investment property is for sale for the first time to market in over 30 years. Land area covering a generous 776sqm with a total floor area of 819swm being - ground floor 505.2sqm and first floor 314.4sqm. There are nine retail and office tenancies over the two floors, with tenant onsite parking at the buildings rear. The NBS rating is 67 -80 % and a detailed seismic assessment report has been completed. The property is zoned Art Deco Quarter and identified as a Group 1 Heritage Item. This outstanding property multi-tenanted property will appeal to purchasers seeking a low risk, long term Investment. The current rentals are below market rent and this allows the opportunity for a new owner to reap the benefit of increased income in the future. Move now to secure this rare Napier CBD investment opportunity. Being sold by negotiation. Please contact the sole agent for further information.
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Well tenanted, diversified investment property located in Napier's commercial fringe is a perfect investment property to give you a sound income stream now, and for the foreseeable future. The property location will lend itself in the future to be further developed, so if you have a long term investment horizon wanting future growth for your investment this property could be for you. Net income circa $180,000pa plus GST. Multiple tenancies including Beaurepaires and the Eco Hub, this property is a mix of industrial and commercial office. Tenants pay 100% outgoings. Prime Napier fringe location. Don't delay, contact agent today for full investment details.
By Negotiation
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