Hospitality - Buzzing Lower Stuart Street


368 Moray Place and 116 Stuart Street, Central City

Asking Price NZD $195,000 + GST (if any)

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Hospitality - Buzzing Lower Stuart Street | 368 Moray Place and 116 Stuart Street, Central City | 64469 |      X Close
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Hospitality - Buzzing Lower Stuart Street


Cafe Rue is an established daytime / evening cafe and bar on the cusp of something special.

The venue enjoys being part of the thriving hospitality scene on Stuart Street below the Octagon. It is well laid out in two parts with a cafe / restaurant feel with wooden floors and a separate more metropolitan feel bar area. Each part of the venue area is usable interchangeably meaning it can be a large hospitality space - but for quieter times retains a special intimate character. Better still, each space has a separate street frontage onto Lower Stuart Street and Moray Place. The venue fitout is modern and the premises well laid out.

The business is a happy format - good coffee, meals, licenced cafe with good beers and fine wines. It is a favourite for a good customer base.

Full profit and loss and business details are available along with other business information that will confirm credibility of this venue and business. With sales in the high 500k / pushing 600k, the business provides a good living to an owner / operator but there is more.

Taking the baton and continuing in a similar vein or ramping it up with your own concept, the location, the venue, the business assets and fitout and permits and processes make a compelling business case.

Consider the venues location in relation to the confirmed new Hospital rebuild site and other developments in lower Stuart Street and Moray Place. Consider the existing hospitality precinct at or near capacity - this location is a place to be.

We are serious about selling. Sixteen years is a great stint for one owner and now its your turn! A motivated Vendor keen to talk business but who also eager to make the handover as easy and as successful as possible. Your next move is Cafe Rue.

Call Nick to start your enquiry!

Nick Lucas

Dunedin

Licensed under the REA Act 2008

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368 Moray Place and 116 Stuart Street, Central City

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Nick Lucas

Dunedin

Licensed under the REA Act 2008

View profile