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Hotel for sale in Foxton offering a buyer a freehold going concern or business purchase option

Chrissy Chisholm - Tourism Business Broker

Monday 30 May 2011, 3:44PM

By Chrissy Chisholm - Tourism Business Broker

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Buy the lease and after a short while buy the land and buildings of this hotel
Buy the lease and after a short while buy the land and buildings of this hotel Credit: Chrissy Chisholm - Tourism Business Broker

Hotel for sale in Foxton which has had a significant price reduction and a buyer has the option of purchasing a Freehold Going Concern for $550,000 plus GST (if any) or  buy the lease of the business for $75,000.000 +  GST (if any) + SAV including the chattels.

The property is located opposite a tourist complex which attracts international and local tourists and with the new developments planned is expected to quadruple in size over the next two years bringing in up to 400,000 visitors.

This property is different in many ways to the standard Country Pub and has many innovative possibilities that new owners could work on to make a great success of this hotel property.

If you would like to explore the possibility of purchashing this hotel or want to discuss the prospect of purchasing the lease and after a short time purchasing the Freehold Going Concern Ross Larsen Tourism Business Broker of TourismProperties.com www.tourismproperties.com can be contacted on 06 374 7991 or 021 024 23141 or email ross@tourismproperties.com