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Invercargill City Median Price
Invercargill City Median Rent
Waikiwi rent price
Invercargill City schools
A220 Bainfield Road, Waikiwi
$679,000+ listed in Aug 2016
Commercial for Sale :
Land size:  [Measure]
Agent: Tourism Property Brokers Ltd(Licensed: REAA 2008) - Tourism Properties.com

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Property Description:
The Paddington Arms is a busy Gastro Pub and Restaurant in Invercargill which was established in 2010 and provides an opportunity for hospitality operators to take over and continue the legacy.

There is potential to increase the opening hours to include lunch service or open 7 days a week as currently it is open during the evenings Tuesday to Sunday from 5pm and offers traditional Sunday lunch from 11. There is also opportunity to further promote and market the private function room and bar for events and functions. 

Invercargill’s original Gastro Pub, home of the “All Mains under $20 Menu” offering guests a traditional English pub ambience in a large park like setting. The popularity of Paddy’s has exploded since the launch of the “All mains under $20 menu” with diners raving about the quality of the dishes available and are returning to try others on the menu. There is also a courtesy van which takes guests back into town.

Paddington Arms can hold 80 diners in the restaurant or 100 for a private function, the private function room including a bar called "The Mews" can hold 24 diners at 1 table or up to 40 seated at individual tables or 50 for fork food & cocktails while the main bar can accommodate 32 diners. There are various rooms within the complex which can hold 10, 12 or 15 and 40 in the main dining area.

Broker's Comments:

This is a very unique opportunity to own and operate a highly profitable licensed hospitality business (License 11am - 3am) with the freehold building situated on very reasonable leased Council land (currently $12k plus GST pa including rates and 27 years to run). The owners have had two other restaurant concepts operating from these premises over 18 years prior to the current business of Paddy's Gastro Pub which commenced trading 6 years ago.

To discuss th
Nearby Schools:
NameTypeDecileDistance
Southland Adventist Christian SchoolPrimary4970 meters
Southland Boys' High SchoolSecondary52.3 km
James Hargest CollegeSecondary82.4 km
St John's Girls' School (Invercargill)Primary82.8 km
Southland Girls' High SchoolSecondary54.7 km
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The property data is from the public websites.

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