Quality country hotel with bars, bottlestore, restaurant and accommodation for sale in Canterbury New Zealand
There is little, if any capital expediture required for a new owner. A significant portion of land comes with the hote which has showed good financial results last 18 months.
The Hotel has a public bar, house bar, restaurant, bottlestore, gaming machines, 8 guest rooms and comfortable owners accommodation on-site.
The guest rooms are tidy with shared bathroom facilities. The hotel achieves solid occupancy figures with strong support from contractors (including Fulton Hogan), truck drivers and passing tourists seeking a break at a traditional Country Hotel.
Further website devlopment could enhance accommodation figures.
The Property and Hotel present well, is very well maintained and offers a lot of value for the asking price.
My vendors have increased sales and net profit significantly during the last 18 months and indications are that this should continue.
Asking Price $690,000 + gst (if any)
Interested parties please contact Adrian Chisholm 021 727 888 or email adrian@tourismproperties.com - Specialist Tourism & Hospitality Business Broker - TourismProperties.com www.tourismproperties.com