Wednesday 29th June 2022 |
Text too small? |
Auckland 29 June, 2022: (NZX: GSH ) Good Spirits Hospitality Limited (GSH) is pleased to advise that a wholly owned subsidiary has entered into a conditional agreement to acquire a further venue in Auckland’s premier hospitality precinct - the Viaduct, next to its popular Danny Doolan’s bar.
The purchase price is $250,000 plus an adjustment for inventory on hand.
As part of the purchase the GSH group will take an assignment of the current lease of the premises with an initial term of 6 years with 1 further right of renewal of three years.
The agreement is subject to the consent of GSH’s financier and regulatory approval as required.
Geoff Tuttle, GSH CEO, said, “The addition of this Viaduct venue will complement GSH’s Danny Doolans site by extending its footprint and adding a new product offering to the brand. This new venue follows the successful development and opening of The Fox – A London Pub in December last year. We look forward to opening this exciting venture later this year.”
ENDS
No comments yet
POT Financial Results for the year to 30 June 2025
MOVE FY25 Results for the year ended 30 June 2025
BPG - Completion of Retail Offer
Comvita releases results for the year ended 30 June 2025
August 29th Morning Report
Air New Zealand announces 2025 financial result
August 28th Morning Report
VSL - 2025 date of Annual Meeting of shareholders
WIN - Winton announces FY25 Annual Results
Meridian Energy Limited 2025 Full Year Financial Results