Red Elephant Restaurant!! Over 300m2. 120 Seats

Grab this incredible opportunity to take over the super iconic Red Elephant Restaurant for a ridiculously LOW price!

You will have a NEW LEASE and it has 10 private undercover car parks!

Red Elephant has been a very successful over the last 36 years or so. The current owner has been there for 33 years so a deserves to retire!!!

Contrary to any social media posts ..... this is the only reason that he was going to close Red Elephant. BUT he would rather someone take it over and continue the great tradition.

You don;t have to keep it as Red Elephant. It's a GREAT site and the cuisine could be anything! This is a large restaurant of over 300m2 and would very much suit Indian or Chinese cuisine but – as, I say – could be anything! Rent is pretty reasonable for such a place. Main rent is around $97k per annum and car parks are another $23k.

The restaurant looks absolutely fabulous. I would go as far as to say that the dining area and bar look brand new!! There is a large commercial kitchen set up with an array of cooking styles (including wok) and 2 large walk-in chillers. There is seating here for up to 120 people and there is a spectacular bar area with separate seating. It really is pretty special!

There is an amazing liquor licence in place from 8am to 3am 7 days a week!!

Everything is owned and forms part of the assets. Everything is in good working order.

HIGHLIGHTS
• Famous site and centrally located with good transport links
• 10 private undercover car parks
• Beautifully presented
• Large restaurant with seating for 120 people
• Amazing Liquor Licence to 3am!
• Large kitchen with 2 walk-in chillers
• Brand new lease!

The asking price for all of this is just $149,000 so do not hang around with this one!

Asking $149,000 plus stock

Nick Giles, 021 676 832, nick.giles@linkbusiness.co.nz

Agency reference #: EL04499