Chance for buyer to steak their claim

Last updated 13:06 16/02/2014

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Commercial Property

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The building that's home to the Crazy Horse Steakhouse in Wellington is for sale and whoever buys it will get the chance to install new tenants on the ground floor.

The Bresolin brothers' successful restaurant will leave in June, opening up the opportunity to attract a new tenant or tenants.

Crazy Horse has been at 129-131 Willis St since 2006.

The Bresolin brothers, Lorenzo and Leonardo, recently announced a new restaurant project at the former Bar Bodega, up the road from Crazy Horse.

Agent Paul Hastings said the ground floor had been a restaurant for the past 30 years.

"It used to be the Casablanca restuarant 30 years ago . . . then it became Armadillo and then became the Crazy Horse," he said.

"It's been a restaurant all its life, or as long as I remember it."

The site was an opportunity for a new restaurant or food outlet.

Its size - 180 square metres on the ground floor - meant it could be split in two, such as a cafe and a shop, he said.

Offices on the first floor were occupied by a health clinic and another business. The rent from these would pay for building costs until a new tenant for the ground floor was found.

There is also a basement and garage. The owner had offered a 70 per cent vendor's mortgage with interest-only payments, Hastings said.

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- The Dominion Post

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