AUCTION - former Café & Roastery
474 Tuam Street, Phillipstown, Christchurch
Auction 12pm Tuesday 23rd April (unless sold prior)
- 506 sqm site
- 375 sqm floor area (approx)
- Vacant possession 30 June 2024
- North facing with well presented showroom, offices and warehouse
This well known roastery and café is vacating, leaving a building with excellent street appeal and a mix of tastefully presented offices, showroom and storage areas. A tilt door provides access to the rear warehouse and storage area of approximately 195 sqm, plus there’s a small mezzanine. The north facing showroom, formerly a cafe, comprises approximately 85 sqm with the balance in offices and amenities.
Notably, although the seismic rating is 38% NBS, there was only minor or superficial damage stated in the engineering report; the property is fully insured. Ample on-street parking supplements 3 onsite car parks.
With settlement and vacant possession on 30 June 2024, this rare opportunity will appeal to conventional investors, owner occupiers and add-value investors.
Call Jeremy today to learn more.
Mobile: 0276 555 647
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