Purchase the Lease of The Cow Wanaka - Price by Negotiation
Situated at 33 Ardmore Street just down iconic Post Office Lane, Wanaka's longstanding hospitality and entertainment precinct. A rare opportunity has arisen to acquire the lease of one of Wanaka's most cherished and character-filled hospitality spaces. Operating continuously under the same dedicated ownership for 20 years since 2006, these premises represent a legacy of proven, stable, and highly successful business operations in a premium location in a thriving lifestyle & tourism destination. As currently configured the indoor dining area accommodates 60 guests and the outdoor courtyard 60 or more.
Step straight into an immediate operational setup. The sale includes all plant and equipment, chattels, fixtures, and fittings. Everything required to launch a premium new culinary venture is already in place.
Secure your business footprint with a strong lease framework, currently in a term extending through Dec 31, 2028, with a further right of renewal extending out to a final expiry date of Mar 31, 2033. The Landlord has expressed a willingness to provide additional renewal terms beyond the final expiry date of the existing lease.
- Current Rent: $74,250.00 per annum plus GST plus outgoings ($6,187.50 plus GST monthly).
- Monthly Outgoings: $954.22 per month plus GST.
- Permitted Use: Restaurant and on-licensed bar.
Please note: This is a sale of the leasehold interest and physical assets only. The intellectual property, trading name, and brand "The Cow" are strictly excluded from the sale and cannot be used by the assignee.
For expressions of interest and to receive the Information Memorandum, please contact:
Sean Synnott
T: +64212860749
E: [email protected]
