WELLINGTON BIGGEST BAR GOES BROKE AND OTHER RESTAURANT GOSS

We have it on good authority that DB stepped in and dealt a death blow to what was arguably Wellingtons biggest Bar – the Temperance complex. this morning. It was viewed as an ambitious complex by Wellingtons hospitality industry. It’s fit out was estimated to be around $3 mil. DB and the Wellington Rugby Union were significant investors. Everyone is asking what Wellington Rugby is up for after the bars and restaurants failed to make good. Sad really – it would have been good to see it take off but we understand that fit out, cost overruns and very high rents meant it was an intemperate investment from day one.

Full Story

2 thoughts on “WELLINGTON BIGGEST BAR GOES BROKE AND OTHER RESTAURANT GOSS”

  1. I was at the Tui bar (Temperance?) in December at it didn’t really feel like a real pub. They seemed to be giving away a huge amount of booze with a lot of promo girls. High staff costs and low margins aren’t a good way to run any pub.

  2. I wonder if Auckland’s Sale St. will follow suit? Massive venue, costly fit-out, lots of staff, pretty cheap beer, fickle Aucklanders. The one and only time I’ve been there I wanted to see it go bust so I could bid for the brewery plant when it inevitable closed it’s doors. Awesome looking (but tiny) plant.

Leave a Reply to Barry Hannah Cancel reply