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Ready to Go Restaurant - Within Quest Hotel ApartmentsProperty ID 1234656The newly finished Quest Apartments situated 1 block back from the Strand is now looking for a quality operator to lease the first floor restaurant tenancy. The tenancy has been fully fitted out with full kitchen and bar facilities and offers the ability for approx 100 seat dining. This tenancy has the ability to tap into the Quest in room dining and for catering events within the complex along with daily meals for the hotel guests.
-There is 88 separate keys.
-Quest is operating at between 60 and 65% occupancy every month.
-The restaurant would provide all room service and would have the only charge back facility to Quest in North Ward.
-As well as room service there is a floor space to satisfy 100 patrons.
-The restaurant would have supply all catering to functions and seminars held at Quest North Ward. Function room available to restaurant when not in use.
-Quest has achieved over 150% of budget every month since August 2017.
-The restaurant can provide alcohol to all rooms as part of room service. No mini bar exists at present.
Incentives on offer to reduce the first years rental to $80,000 p.a. net plus GST.
Contact Ray White Commercial on 07 47267888 today to arrange an inspection.