The sales trio said the property had an initial evaluation procedure (IEP) rating of 100 per cent of new build standards,(NBS) which corresponds with a Grade A+ building.
General Public is on a new six-year lease for the property with two further six-year rights of renewal, generating annual rent of $76,500 plus GST and operating expenses per annum with annual rent reviews.
"The property absolutely epitomises the over-arching Local Centre Use zoning by housing the all-day eating and drinking venue in the Beach Haven retail strip," La Hood said.
"Before opening the property was subjected to a substantial refurbishment programme to convert it into a neighbourhood-style bar and dining establishment.
"Improvement work included installing new bathrooms on both the ground floor and mezzanine level, upgrading the power supply, installing a full commercial kitchen, bringing in underground gas supply, and securing a liquor licence.
"Prospective parties will be intrigued by the future development potential of the site under the Auckland Operative Unitary Plan with options already explored by the vendor."
General Public is owned and managed by Beach Haven local Nick McIntyre, an experienced operator who also runs the central Auckland Albion Hotel and Ellice Rd Social Lounge, a licensed venue in the city centre.
Kim says that McIntyre has seized the perfect opportunity to bring neighbourhood hospitality to a suburban population forced to travel out of the neighbourhood for a meal or drink.
"Beach Haven, along with the adjacent community of Birkdale, stand alone geographically from the bigger shopping precincts of Glenfield and Birkenhead," says Kim.
"Beach Haven's retail hub is totally neighbourhood-focused, very much attracting a local clientele."
The Beach Haven and Birkdale peninsular — with Rangatira Rd running through its arterial spine — has a population of about 20,000.
General Public is the first place for Auckland ferry commuters using Beach Haven wharf to pop in for a drink or bite to eat on their way home.
Liu said conceptual drawings by the vendor reflected the potential to add an upper level to the building and increase future revenue.