Offered for only the first time in 20 years, this outstanding site will suit high quality restaurant operators looking to take advantage of this extremely rare offering.
Located between Frome Street and East Terrace, Rundle Street East is an eclectic key City boulevard that lives and breathes historic charm with modern sophistication and amenity.
The site is surrounded by a diverse mix of quality restaurants, cafes, wine bars and pubs including The Stag Hotel, Exeter Hotel, Africola, Lemongrass Thai Bistro, Chopstix, Sosta Argentinian, The Vardon, Golden Boy, Street ADL, Orana, NOLA, Mothervine, The Tasting Room, East End Cellars, Eros Kafe, Belgian Beer Café, Nano’s and many more. Several of these establishments have been highly successful and long term traders within the precinct.
Rundle Street East also is home to some of Australia’s leading designer boutique fashion brands including Alannah Hill, Jack London, Zimmermann, Seafolly, Tigerlily, M.J. Bale, MIMCO, sass and bide, Morrison, Gorman, SABA, Metalicus, Marcs in addition to a host of others. It is recognised as the premier designer fashion strip of Adelaide.
The East End is home all year round to a number of important festivals and events, most of which are held in the adjoining East parklands of Rundle and Rymill Parks – Adelaide Fringe Club, The Garden of Unearthly Delights, Tour Down Under, Fork on the Road, Schutzenfest, Cheese Fest, Asia Fest, Bay to Birdwood on Rundle, Ebenezer Night Markets plus many others.
It should be noted that the East End remains the only City location with a tremendous cinema offering with Nova and Palace Cinemas on both sides of Rundle Street, in close proximity to the subject site.
Importantly, Rundle Street was voted South Australia’s “Best Mainstreet” at the annual Mainstreet SA Awards in both 2012 and 2013, a feat that remains without peer.
This prominent, ground floor restaurant site comprises some 202 square metres with quality features and is disposed as:-
• Impressive Large open plan dining area
• Spacious kitchen with cool-room
• Feature bar and large cellar
• On-site toilet amenities
• Secure dry store and office
• Outstanding alfresco and terrace dining on Rundle Street
The tenancy is being offered with an existing Restaurant Licence that includes Entertainment Consent and a total capacity of 134 persons.
Maras Group is seeking to secure a high quality experienced restaurant operator to develop a new restaurant experience to capitalise on this thriving precinct. This is considered to be one of the best, if not THE best site in Rundle Street.
A long term lease will be offered to the successful operator on terms to be negotiated. The restaurant is available for immediate occupation.
The Landlord is open to considering a broad range of restaurant concepts/ideas but stresses that they are to be of a high quality and standard and should be different to what is currently located in the precinct.
Expressions of Interest will close at 4:00pm on Tuesday, 9 February 2016. Please contact the Leasing Manager to obtain an Expression of Interest Package.