Hotel for sale in Canterbury NZ which is extremely profitable business and opportunity to explore additional cash cows and income streams!
Hotel situated in Canterbury region of New Zealand on prime 4072m2 corner section on a busy main road and comprises a great bar, TAB, ATM, 6 pokies, bottle shop, approximately 60 seat restaurant and guest accommodation rooms.
The hotel owners enjoy a large private area within the hotel. An existing garage with front to the main road maybe an opportunity for future development of a cafe or retail operation.
This property is an extremely profitable business but the property also allows for future development to create additional cash cows and income streams (like a good cafe and gift shop) within the undeveloped areas within the complex.
Another opportunity may be to investigate creating motel units and there is plenty of surplus land and there is only 6 motel units currently in the town. This would be subject to Council approval.
Don't delay in investigating this property and existing business as it has great potential to take to the next level.
I invite all interested parties to contact Adrian Chisholm Hotel Business Broker for the Canterbury Region of TourismProperties.com real estate agents specializing in helping buyers and sellers of hotels throughout New Zealand. Call Adrian on 021 727 888 or email adrian@tourismproperties.com. Visit our website www.tourismproperties.co.nz