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The Galley, Café & Bar, Freehold Going Concern For Sale

Dunedin, Otago, New Zealand
Asking Price:
$900,000 (NZD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Iconic Dunedin Café, Bar, & Music Venue, plus 2-bedroom apartment!

The Freehold Going Concern, The Galley Cafe &Bar, located on the main street in Port Chalmers, is the perfect home and income real estate and business for sale. Featuring the perfect location, charming venue, amazing food and drinks menus, plus regular live music and functions, and an outstanding reputation – plus it also comes with a gorgeous two bedroom apartment!

FEATURES

✔ Exceptional frontage on main street
✔ Prime freehold land title of approximately 338m²
✔ Bar & cafe approx. 248m² ground level, plus 64m² outdoors
✔ Fabulous indoor and outdoor areas, with both indoor and outdoor fireplaces!
✔ Fully licensed until 1am
✔ Outstanding reputation – check out the reviews!
✔ Short walk to the Port Chalmers Ferry, and cycle trail loop
✔ Multiple income streams – the 200m²apartment is currently on AirBnB

CAFÉ & BAR

Located on a prime freehold land title of approximately 338m² and situated on the main street in Port Chalmers, The Galley offers patrons a venue that is charming and cosy and can cater for approximately 68 patrons across the entire venue. The main indoor café and bar area is approximately 200m² on the ground floor level. This leads out onto a sun-drenched courtyard area, which is approximately 64m², and provides flexible indoor/outdoor dining spaces, along with a stunning open fireplace. There is also a separate bar, or function room, adjoining the main courtyard for overflow, which is approximately 48m².

Offering breakfast, lunch, and dinner, the café offers regular Pizza and Tapas on Friday and Saturday nights, as well as live music on Friday nights.

Current operating hours:

Monday to Thursday 8:30 – 3:pm
Friday 8:30am – 3:pm & 5:pm – late
Saturday 9:am – 3:pm & 5:pm – late
Sunday 9:am – 3:pm

Potentially the hours could be extended by a new owner, to make the most of the 1am licensing, as well as utilizing the venue to feature more live music on other nights of the week.

The Earthquake Report was completed in 2014, the building was classed as medium-risk 36%, so no requirement for any further earthquake proofing, unless you make structural changes to the building.

If desired, the super staff are available and keen to stay on and there is a great supporting website, as well as a well-established Facebook page, with potential for a new owner to grow the online presence further.

APARTMENT | ‘Home & Business’ opportunity or additional income stream?

The 1st Floor two-bedroom apartment is situated above the premises and is currently rented out on AirBnB. It is approximately 200m². It could potentially be utilised by the new owner(s) as their own residential accommodation, or as onsite manager accommodation, or you could continue with it on AirBnb and keep the additional revenue stream in place.

This is a fantastic freehold going concern hospitality opportunity, that offers excellent cash flow with plenty of room for you to grow the business, in an area well-known for supporting its local venue. Perfect for a couple, extended family, or group to own and operate as it is currently run, or develop it further. Please see the documents for full details, or contact Adrian now – early viewing is strongly encouraged!

For further information please contact specialist Business Broker Adrian Chisholm, AREINZ, on 021 727 888 or email [email protected]

REGIONAL FEATURES & INFORMATION

About Dunedin:

Tucked into a sheltered harbour on the east coast of New Zealand’s South Island, Ōtepoti Dunedin is a city rich in heritage, renowned for its wildlife and distinctly quirky character. Discover an intriguing mix of vibrant urban culture, wildly beautiful places and exceptional local cuisine. Known as the ‘Edinburgh of South’, Dunedin wears its Scottish heritage with pride. Surrounded by dramatic hills and at the foot of a long, picturesque harbour, Dunedin is one of the best-preserved Victorian and Edwardian cities in the Southern Hemisphere. It’s known for its Scottish and Maori heritage, Victorian and Edwardian architecture, and large student population. Hiking and cycling trails criss-cross the dramatic landscape of the adjoining Otago Peninsula, which is home to colonies of albatross, sea lions and rare yellow-eyed penguins.

About Port Chalmers:

Suburb spotlight: Why you should visit Port Chalmers, Dunedin | Stuff.co.nz
Port Chalmers is a town serving as the main port of the city of Dunedin, New Zealand. It has a population of roughly 3,000. Port Chalmers lies ten kilometres inside Otago Harbour, some 15 kilometres northeast of Dunedin’s city centre. A short drive from Dunedin, historic Port Chalmers offers an interesting mix of heritage attractions, cafés and galleries. Known as an artists’ colony today, the township is a popular weekend excursion for Dunedin locals. The harbourside setting, intriguing galleries and relaxing eateries are all within easy walking distance of each other.

Pre-Covid, for six months of the year, from October to mid-April, Port Chalmers was a busy cruise port, with cruise ships arriving early in the morning and departing early evening, and this activity is expected to return once cruise ship restrictions are lifted in the future.

The Port Chalmers’ Regional Maritime Museum is housed in the original 1877 stone post office building. It has a maritime collection and a settlers’ collection, telling the stories of early pioneers and many port characters who have lived here over the years.

Port to Port Ferry & the Cycle Trails: Cycle the loop!

The cycle trail extends up the west harbour past Port Chalmers township and main container shipping port and towards Aramoana sandspit. The winding road along both sides is bordered by a safe specially designed cycle trail of 54 kilometres in total length. It allows cyclists to enjoy some of the best views in Dunedin. From inner city Dunedin, towards the Harbour entrance, cyclists can choose from a flat cycle route to more breathtaking views, for those that choose to venture uphill. Although 54 kilometres in total length, the route can be shortened to suit everyone. The Loop can be completed by catching the Port To Port cycle ferry between Back Beach, Port Chalmers and Portobello. By cycling to one of these departure points and ferrying across the harbour, the distance for cycling is approximately 31 kilometres. This route is flat and very scenic. If you don’t ride often or haven’t ridden a bike for years this is perfect way to experience the thrill of riding a bike again. Totally safe and flat ride from Dunedin city. Also suitable for families with young children. The Otago Harbour cycleway is a fully seperated cycleway running from city along the harbour side of the Otago Peninsula to Portobello. As an optional add-on you can cross the Harbour at Portobello by Ferry to Port Chalmers. From Port Chalmers ride back to Dunedin on the West Harbour cycleway.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Please see tourismproperties.com for full details thank you

Location:

Please see tourismproperties.com for full details thank you

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