Tuesday, February 5, 2008

Inspection Cafe # 2

We took overselves off to Docklands today for an inspection on a new shop space, which we are considering for cafe #2. It's brand new, one of half a dozen in the bottom of a new apartment block, but located right next door to national headquarters of companies including Ericsson (2,000 worker bees), National Australia Bank (4,000) plus ANZ bank, Lend Lease and others. Magic spot, right next to the water at Victoria Dock.

It's a from scratch fitout - at present just a concrete shell with fireservices hanging down from the ceiling. But all the right proportions and facilities including grease trap and vents.

Outside we'd be able to have a pretty good size seating area. The agent spoke enthusiastically about the developer's plans for the area.



Agent's sending a heads of agreement, so we'll see what the offer is. We need to be cautious - whilst there is no questioning the potential of the area, our concern is how long we'll need to wait as the foot traffic, office workers and general activity builds in the area. Suspect it'll be 12 months at least, but this would get us in on a magic spot from day one, ready to take advantage of the projected growth in the vicinity (they are still building some of the big office buildings).

Added bonus is 150 apartments above us - and we'd be right next door to the front entry. Hard to miss us.

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