Restaurant site on the menu
The land and building that housed a landmark pizza shop in Napier’s central business district is on the market.
For almost 30 years, the property, at 16 Carlyle St, on the intersection with Tennyson St was home to Antonio’s pizza parlour — making it one of the longest running food and beverage operations in the city.
Originally built in the 1960s as a superette and then tenanted by Antonio’s since 1990, the vacant 220sq m two-storey building sits on some 190sq m of freehold land.
Above the retail ground-floor space is a two-bedroom apartment. The property is being marketed for sale at auction on December 6 through Bayleys Napier.
Salesperson Mark Evans said the building had a 6.2m street frontage on to Carlyle St, and an 18.3m frontage on to Tennyson St.
Neighbouring properties include Countdown supermarket, Domino’s, Pizza Hutt, St Pierre’s Sushi, while Carlyle St is the hub for Napier’s car dealerships – under such marques as Mercedes, Honda, Toyota, Subaru, Hyundai, Land Rover and Jaguar
“The ground-floor retail layout comprises an open-plan restaurant and kitchen area, with food preparation space, storeroom, office, and staff toilet totaling 122.5sq m,” Evans said.
“There is also off-street car park running off the Tennyson St portion of the property. Upstairs, and accessed by an external stairwell running up from the storage courtyard at the rear of the building, is the 75sq m two-bedroom apartment.
“The configuration of the residential and retail components within the property lends itself to either an owner-operator in the foodservice sector, or for use as staff quarters.”
Evans said the property had a market rental assessment of $46,166 per annum, encompassing both the restaurant potion of the building and the residential component.
The largely-rectangular shaped property is zoned Fringe Commercial under the Napier City Council plan and has a new building standards rating of 70 per cent. The restaurant’s floor consists of polished concrete, while the walls are constructed of concrete block, and are capped off by trough section steel roof.
The fringe commercial zoning is a buffer belt which separates Napier’s central business district from the surrounding residential areas, allowing for a broad spectrum of commercial activities. The premises is being sold as a blank canvas opportunity without any of the former kitchen or bar chattels — which have all been removed — included in the offering.
“With a combined average weekday traffic flow count of 10,000 vehicles passing the property either along either the Tennyson or Carlyle street frontages, there is huge potential for prominent branding and naming right signage to enhance public awareness of any tenancy operating within the premises,” Evans said.
“There is also the opportunity to remodel the building’s structural design.”