Accelerating success. Tenancy 2 & 3, Arrowtown Mall 44 Buckingham Street Information Memorandum For Lease - Offers by Deadline Date closing 3 October 2023
Leasing Process
Colliers has been appointed to market for lease Tenancy 2 & 3, Arrowtown Mall, 44 Buckingham Street.
For Lease - Offers by Deadline Date, closing 3 October 2023.
This Information Memorandum provides preliminary information to assist interested parties with their assessment of the tenancy. All enquiries, requests for further information and arrangements for site inspections are to be directed to the sole agent, Colliers:
Sharee Aitken
Mob: +64 220 100 801 sharee.aitken@colliers.com
Offers are to be lodged by 3 October at:
Otago Realty (NZ) Limited
Top Floor 10 Athol Street
Queenstown, New Zealand
44 BUCKINGHAM STREET ARROWTOWN
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“This is a rare opportunity to lease this prime tenancy within the Arrowtown Mall on Buckingham Street in the heart of Arrowtown.”
location indicative only
location indicative only
Executive Summary
This is a rare opportunity to lease this prime tenancy within the Arrowtown Mall in the heart of Arrowtown.
Buckingham Street is the main shopping retail strip of Arrowtown and a high foot traffic location. The street comprises a quality mix of predominantly local retailers including Wallace & Gibbs, The Wool Press, Ikon, Te Huia, Goals, Smith & Western, The Gold Shop, and The Jade & Opal Factory.
The Tenancy is currently vacant.
The Tenancy is accessed via a lane way off Buckingham Street linking through to Arrow Lane. The space for lease comprises a total rentable area of approximately 89.35m².
Key Attributes
Prime retail location in Arrowtown
High foot traffic location , just off Buckingham Street
Extensive frontage within Arrowtown Mall
Arrowtown is very highly regarded - currently a shortlisted finalist in Keep New Zealand Beautiful’s Most Beautiful Towns Award
Strong position for Food & Beverage operators or fashion retailers.
Building facade represents Arrowtown’s historical theme
44 BUCKINGHAM STREET
ARROWTOWN
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“The tenancy is accessed via a lane way off Buckingham Street linking through to Arrow Lane.”
The Tenancy
The Tenancy for lease comprises a ground floor retail tenancy located on the southern side of Buckingham Street, in Arrowtown.
The building is a relatively modern commercial structure built in the 1980s. The Tenancy enjoys a central position within the Arrowtown Mall, the adjoining lane way off Buckingham Street linking through to Arrow Lane. The space for lease comprises a rentable area of approximately 89.35m² with frontage to the mall of approximately 18m, and a depth of approximately 5.0 metres to its southern side.
The internal layout of the Tenancy comprises an open plan area, concrete floor, exposed beams to the roof line with ceiling height of approximately 3.5m at its apex, WC amenity, and double door entry off the Mall.
Neighbouring Tenancies at 44 Buckingham Street include Wolf Coffee Roasters and Hyde Bar & Social.
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Floor Plans
44 BUCKINGHAM STREET
Indicative plan only
ARROWTOWN
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44 BUCKINGHAM STREET ARROWTOWN 12
The Location & Retail Mix
Arrowtown is a historic gold mining town in the Otago region. It is located on the banks of the Arrow River approximately 20km east of Queenst own.
Buckingham Street is the main road through the commercial precinct of Arrowtown, comprising a traditional ‘strip shop’ design and a range of single level buildings along both sides, all in keeping with the historic theme of the town. Buckingham Street is open to one way vehicle traffic and includes kerbside parking at various points. Further parking is available on Ramshaw Lane and the large designated sealed parking area between Ramshaw Lane and the Arrow River.
Shopping in historic Arrowtown is a unique experience. The retail mix comprises an impressive selection of predominantly locally owned hospitality businesses and boutique retailers offering a wide range of quality products including fashion, art, confectionery, gifts, jewellery, and wi ne.
Key successful retailers close to the Tenancy include Wallace & Gibbs, The WoolPress, Smith & Western, The Gold Shop, and The Jade & Opal Factory.
44 BUCKINGHAM STREET ARROWTOWN
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DISCLAIMER: This Information Memorandum has been prepared solely for information purposes in order to assist interested parties in making an initial evaluation of the property and does not constitute advice nor purport to contain all of the information that a prospective purchaser may require. In all cases interested parties must conduct their own investigation and analysis of the property and the data set out in this Information Memorandum to satisfy themselves in all respects and not rely on the information in this Information Memorandum to make their purchasing decision. This Information Memorandum has been prepared in good faith and with due care by Colliers, but neither Colliers nor the Vendor accept responsibility hereunder for the accuracy of any part of the information contained in this Information Memorandum. Therefore the recipient/s of this Information Memorandum to the extent that they rely on the information contained herein do so entirely at their own risk. The Vendor and Colliers NZ Limited (and its brokers) expressly disclaim all liability for representations, express or implied, contained in, or for omissions from, this Information Memorandum or any other written or oral communication given to any prospective purchaser in the course of their evaluation and/or offer. This Information Memorandum does not constitute an offer for sale or purchase or otherwise.
Accelerating success.
44 BUCKINGHAM STREET ARROWTOWN Sole Agent Sharee Aitken Colliers Queenstown +64 220 100 801 sharee.aitken@colliers.com TENANCY 2 & 3, ARROWTOWN MALL 44 BUCKINGHAM STREET INFORMATION MEMORANDUM For Lease - Offers by Deadline Date closing 3 October 2023
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