A highly acclaimed restaurant and bar in one of Auckland’s leading suburban hospitality hubs has been placed on the market for sale.
Toru in the Ponsonby Central food and beverage precinct on Ponsonby Road is a licensed hospitality business serving a café-style breakfast and lunch menu during the day, then morphing into a modern New Zealand cuisine establishment at night.
It is one of only two dining venues in the complex with frontage and seating facing onto the high foot traffic catchment of Ponsonby Road.
The business operates on a 142 square metre floorplan – encompassing 55 square metres of kitchen/food preparation and bar service space, 81 square metres of covered dining space and six square metres of outdoor dining.
Toru has twice been selected among Metro magazine’s ’50 Best Cafes in Auckland’ awards – receiving back-to-back accolades in 2013 and 2014. Toru is part of a stable of award-winning cafes from the V & M Café Group including Teed Street Larder, Wai Kitchen, and Scratch Bakery’s. Toru is being marketed for sale through expressions of interest closing on September 16 through Bayleys Auckland broker Leah La Hood.
Ms La Hood described the venue’s décor as a blend of character industrial – with exposed high stud steel beams, metal rod ceiling framing and sprinkler system piping, and skyward-facing saw-tooth windows – blended into contemporary minimalist chic through polished wooden floors and concrete block walls.
She said the floorspace within the café/restaurant subtly segregated Toru into multiple zones – embracing standard café table settings, bar stool seating, and a lounge style area. As an eatery offering contemporary New Zealand cuisine, Toru sits alongside the more ethnically-specific choices within Ponsonby Central offering Latin American, Italian, South-East Asian, or Japanese fare.