Long Standing Hotel

North Island, New Zealand
 

Asking Price
$750,000


Long Standing Hotel

Great climate. Close to beaches. Relaxed lifestyle.

Long standing Hotel in New Zealand’s fabulous top – end

Operating since 1927, this hotel located in New Zealand’s idyllic Northland region is your ticket to enjoying one of the best locations the country has to offer.

Facilities at the hotel include three separate bars (Garden, Lounge, Public), dining room, takeaway bottle shop, 12 poker machines and accommodation.

With its long history in the region the hotel is practically a local landmark. Situated on a main road the passing traffic adds to a solid local revenue base that provides a consistent source of income. A large paddock is part of the premises and has been developed to accommodate campers and campervans, making it a convenient stopover.

On-site accommodation includes five well-appointed rooms that provide an additional source of revenue on top of the bar and excellent poker machine takings. The dining room is currently used for functions and parties. A new owner has the opportunity to further develop this aspect of the business into a restaurant style operation attracting local diners and passing traffic. Other opportunities include marketing the hotel as a stop-off point for the large number of tourist bus companies going through the region.

Asking price includes the freehold title to the premises with a comfortable 1-bedroom owner’s residence also on-site. With minimal local competition, this business is your opportunity to purchase a reliable hotel with a proven track record.

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 New Zealand  +64  3
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