Norman Engel - Savills Business and Commercial Broking - Licensed REAA 2008

09/05/2023

Jesse and I are pleased to announce the unconditional sale of 780 Glasnevin Road as a tenanted investment.

Congratulations to our purchaser and vendor in what was a highly desirable asset heralding multiple offers at deadline.

17/01/2023

Jesse, Ryan and I are proud to announce the unconditional sale and settlement of the land, building and business Hotel on Devonport – Tauranga.

With strong competition for this key waterfront asset throughout the campaign we congratulate our vendors and purchaser.

22/04/2022

Our vendor is turning 50 and is ready to move on to her next venture. This well-established business now needs a new owner.

‘Monkeyfarm’ is strategically and enviably positioned
in the hub of the ever-growing Northlake Subdivision
and has generated a following for both locals and
visitors alike. Known as a casual café, bar and eatery
Monkey Farm it is a place that welcomes everyone.

Established in 2018 and trading strongly, this business has become a well-known fixture in the wider Wanaka hospitality community. With sales over $1 million each year over the past three years - there is further residential and commercial development commencing in the Northlake and neighbouring sites, so the already ample catchment will continue to grow.

Despite the current climate, the business has been
showing sound returns and interim 2022 figures show a slight revenue increase despite alert levels and closures.

Opportunities like Monkey Farm in this part of the
country are rare so swift action is advised.

For sale by deadline private treaty closing 4:00pm,
Thursday 19th May 2022 (unless sold prior).

11/10/2020

Boutique Hotel – land, buildings and business

With majestic views over Queenstown to Lake Wakatipu from top floor roof terrace, this 57 room free hold going concern hotel would have to be one of the most exciting propositions currently available in the Queenstown market. This bespoke 4 star offering sits on 486m2 of prime Queenstown land only 240 meters from the town centre.

Build in 2018 by the current vendors the 2069sqm smart hotel offers exceptional accommodation options in the most prominent and convent of locations.

Expressions of interest are being invited for this most unique opportunity, don't hesitate to contact me today.

https://search.savills.com/nz/en/property-detail/nzs0ct038363s

10/10/2020

Savills have been exclusively appointed to bring to the market this large multi-faceted Queenstown landholding located at 1 Bowen Street on the corner of Gorge Rd.

A terraced site consisting of 13,106m2 with the underlying zoning being split between high density residential and business with the later covering the majority of the offering.

Located some 1.4km from the Queenstown lakefront large land holdings of this scale and proximity rarely come to the market.

Being offered as vacant possession, bar a remaining lease to Vodafone, the site had previously been leased out to 10 other operators all utilising space from the large tarsealed bus park and purpose build office block.

Primed and ready for development; options also exist to lease out the bus park as is to generate holding an income while plans and consenting are completed to untap the true potential of this offering.

With a high concentration of surrounding amenities, prominent Gorge Road frontage and close proximity to Central Queenstown all make this locality attractive to potential commercial, hotel and residential uses.

Whether you want to acquire the site to develop, land bank or lease out this is an opportunity that should not be missed and will rarely be repeated

1 Bowen Street is being offered to the market by way of deadline private treaty closing 4pm on Thursday the 19th of November 2020

Contact the sole agents for further details:

https://search.savills.com/nz/en/property-detail/nzs0ct038349s

25/09/2020

Owner occupier sought and ready for auction day!

Caltex, 202 Withells Road:
- Multiple Income Streams
- Strong turn over
- Reputable location
- 1,376 sq m

See you there!
Register your interest below...

Savills are pleased to present to market the Avonhead Caltex being sold as a freehold going concern, located at 202 Withells Road, Avonhead, Christchurch. T...

09/07/2020

All offerers presented and considered in exchange for a sound lease agreement for both sites formally trading as Louis Champagne Bar and Redlight District.

These well-known establishments are situated on the renowned Victoria Street. With many high-end retailers and professional services, these bars offered a service to suit the scene. The opportunity to purchase two well-established bars which are linked by the kitchen with toilet facilities accessed from both sites. As Red Light District and Louis bar share a kitchen, it would be the vendor’s preference that these two establishments are purchased together.

Louis Bar has been operating a high-end Champagne and fine dining experience. The well-appointed and immaculate kitchen offers a high level of versatility for an array of hospitality functions. There has been no stone unturned when it comes to the attention to detail in the fit-out of this bar.

Red Light District operated as a hidden bar with access through a façade of a dry cleaner's, Charlie Winston's of Chelsea. The bar offers a unique experience themed around a Chinese o***m den. With a big focus on high end, tasty cocktails & mixed drinks. The cosy and intermit environment has been well thought out.

Seeking an exceptional operator with a fitting model. Both bars are ripe for rebrand or reimagination, with a forward-thinking landlord keen to assist where possible.

All offerers presented and considered in exchange for a sound lease agreement for both sites formally trading as Louis Champagne Bar and Redlight District.

Please don't hesitate to contact me for further information.

06/07/2020

On location, filming some stunning sites, keep an eye out on my page for a few enticing business opportunities.
Full details coming soon!

19/06/2020

Opportunity knocks! An unmissable opportunity has presented itself to acquire one of the central city’s key hospitality sites.

Currently running as the popular Cleaver & Co, it takes full advantage of being located in the most prominent of sites on the busy corner of Colombo and Lichfield Street.

With plenty of taps and a stunning open kitchen this venue truly has an abundance of opportunities. The existing business model currently focuses on good gastro pub fair and smoked meats showcasing their state of the art smoker. Complete with a desirable license also.

For the more adventurous the existing fit out may facilitate a variety of options for a new and exciting restaurant and pub in the heart of the CBD.

Please do not hesitate to contact me for more information.

17/06/2020

Behind the scenes for a new listing!
It's so good to be out and about again post lockdown.
I have some exciting listings coming online very soon across all sectors.

16/02/2020

Located in the outer suburbs of Christchurch, rarely does a land and business opportunity with so much scope and potential come to the market.

Comprising an established business boasting three distinct revenue streams; licensed restaurant, separate bar with a sought after gaming license plus accommodation by way of a motel.

The 2019 financials show sound returns to the owner-operator while still affording attractive leases to support a sound commercial yield. Being offered as a freehold going concern and trading well into the 2020 year, existing and loyal patronage mean that this well-known business with a great catchment area has retained its core market over the years.

Sitting enviably on an ample parcel of land a reconfiguration of the existing buildings would offer abundant development and or redevelopment options. Multiple opportunities exist for a savvy purchaser, business owner or landlord.

This freehold going concern is priced at $3.9 million plus SAV and GST (if any)
http://bit.ly/investment-trifecta

10/02/2020

Hospitality Operator Urgently Required!

An exceptional opportunity has presented itself for a seasoned, experienced hands-on owner operator to run their own complimentary hospitality business from the stunning purpose-built RSA building on Armagh Street.

Available as a turnkey operation to an incoming operator ‘Trenches’ has until recently traded as a seven day a week operation as a licensed bar, restaurant and café. Boasting an existing captive market further scope exists to expand this customer base.

This is an exceptional opportunity in which we seek to find the right party who will take over this key site ensuring its continued longevity and success for future generations.

For further information, contact me or see the trade me listing: http://bit.ly/rsa-chch

10/02/2020

Baretta – your opportunity to write the next chapter.

Established as the preeminent late-night destination Baretta Bar & Restaurant was designed and set up as a key hospitality location amidst other established bars and restaurants on St Asaph Street. The doors are currently closed but the site is ready for a new operator to step in. With the fit out being offered as part of a successful lease assignment we are seeking an operator who can reignite or reinvent Baretta to its former popularity.

Expressions of interest are invited.
If you think this is the site for you do not hesitate to contact me.

09/02/2020

Key Hospitality Trio - Albert Town

Established as the cornerstone hospitality offering for Albert Town and yet only minutes from Wanaka township.

These three sites all have differing and non-competing offerings yet are serviced behind the scenes but one large kitchen which cleverly branches out to the three different business arms making this an attractive business model to run for a forward thinking operator.

Bordering the hotly anticipated Riverside Apartments (of which over 80% have been sold off the plans) the investment made here by way of The Price Albert and Albert Town Fish and Co are future proofing this burgeoning location for years to come. Our vendor is motivated to move on and will consider offers.

$690,000 plus SAV and (GST) if any

Don't hesitate to contact me for further information.

Established as the cornerstone hospitality offering for Albert Town, yet only minutes from Wanaka township, the well known, beautifully refurbished complex on A...

09/02/2020

Exceptional! Francesca’s Italian Kitchen (Wanaka)

Situated in the hub of the Wanaka township this location only adds to the desirability and popularity of this high performing business. Known for its exceptional food and service the model is simple yet effective – a tried and proven model of ‘simply good food made well.’

Established some six years ago trade has been exceptional from its inception. With the 2019 figures completed and showing some of the strongest numbers to date the EBPIDT figure is impressive taking into account this business is under full management. The option of taking the site over under its current management structure or as working owners would obviously impact the bottom line further.

With full vendor’s support and training, a strong lease in place and an extensive plant and chattel list this truly is an exceptional opportunity to purchase a high performing business in an amazing location which is only but growing.

Priced at $890,000 plus SAV and (GST if any)

Don't miss out on this rare opportunity, contact me today: http://bit.ly/francescas-wanaka

08/02/2020

Recognise this Venue?

This reputable and strongly frequented hospitality business is located in one of the most captive and well known parts of the Christchurch CBD.

Boasting turnover figures in excess of $1.6 million for the last 12 months with peak trade only now in full swing, this stylish and well established business would have to be one of the key hospo sites in Christchurch.

Trading 7 days a week from breakfast through to dinner and everything in between the business performs strongly for all service periods.

Due to other commitments an urgent sale is required. Priced to sell at $450,000 plus SAV and gst (if any)

For a confidential discussion, do not hestitate to contact me today.

http://bit.ly/universo-chch

07/02/2020

CONFIDENTIAL - Tourism Business

Based in Christchurch specialising in bespoke packaged tours predominantly throughout the South Island, this long standing and established business has grown from very humble beginnings to being an internationally renowned operation at the top of its game.

Positioned enviably with a stronghold in this very lucrative and competitive market all the signs point towards exponential growth for this industry with clients focused on the US, Australian European and local markets.

Offered to the market for the most genuine of reasons a full information pack is available to qualified purchasers.

Priced at $1,050,000 plus SAV (GST) if any.

Click below or contact me to find out more information.

Based in Christchurch specialising in bespoke packaged tours predominantly throughout the South Island, this long standing and established business has grown fr...

11/10/2019

It is my pleasure to bring The Bicycle Thief to the market.

Following a massive refurbishment, and with such an outstanding reputation, now is your opportunity to to acquire one of the best hospitality opportunities available.

Send me a message to enquire!