Property ID: JT026
The New Place Café has a fantastic location on the main shopping street of downtown Avarua. It is a favorite of locals and tourists alike and close to lots of stores that help to create a vibrant shopping area. Views of the ocean can be enjoyed from the upper deck and there is a stunning view of the mountain from the rear.
The building is a historic colonial style house dating back to the 1920’s. The café features a large covered outdoor dining area centred around a Golden Cassia tree and beautiful mosaic water feature. Lush plants and banana palms add to its vibrant tropical oasis appeal. Plenty of seating available for 50+ persons.
Featuring a large bar area, two large kitchens, office, and a one-bedroom apartment to the rear, which is ideal for a live-in manager.
There is also a large interior space currently unused which offers huge potential and an ideal spot for a delicatessen, retail store or gallery. Lots of parking available.
A great menu is on offer with modern healthy island cuisine including vegetarian and vegan options as well as fresh local fish dishes.
Excellent management systems are in place, making this business very profitable and easy to run.
Very good lease term available with a further right of renewal until 2021, and there is opportunity to roll-over for a further 3+3+3 years thereafter.
Avarua is the main town and busy commercial centre in the north of the island of Rarotonga, and is the national capital of the Cook Islands. In downtown Avarua you will find a hub of stores and businesses including banks, supermarkets, petrol station, a main department store and 2 warehouses, Police Station, Post Office, Courthouse, Cinema, and the largest Saturday market on the island ‘Punanga Nui’ near the commercial port at Avatiu Harbour.
The New Place can be easily found along the main commercial strip of retail stores between Goldmine Jewellers and Fave Designs Clothing Outlet. On the other side of Goldmine Jewellers is Vonnia’s General Store, Jetsave Travel/Western Union, and Federal Pacific Insurance. CITC Foodland and Bank of South Pacific are a little over 100 metres away.
There is plenty of parking available for diners and shoppers.
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