Ad ID: 57164

Hotel Freehold Investment for Sale Riwaka

Hotel Freehold Investment for sale right now. Also hotel business for sale. The hotel has accommodation for budget travellers. Presently vacant and ready to go for the summer high season trade.

Location:
Asking:
$1,295,000
+GST

Business for Sale Description

Hotel Freehold Investment for Sale Riwaka

Hotel Freehold Investment for sale located in main tourist road in the Nelson Region of New Zealand

Hotel Investment Opportunity located on the main tourist road to Kaiteriteri and Abel Tasman National Park. You have the opportunity to buy the land, buildings and vanct land on 2 separate titles, total land area 1.378Ha more or less. The vacant land title has 6584m2 approx. and there is a proposal to build powered sites for campervans, amenities block and managers apartment on this title.

Business Resources

 What's on Offer:

  • New tenancy lease in place: Lease term 3 years with 1 rights of renewal of 3 years and 2 rights of renwel of a 4 years. Lease Expires in January 2031. Rent $75,000 PA paid monthly and 100% outgoings paid by the tenant.
  • Guest accommodation available for budget travellers, twin share rooms and double rooms with ensuites. Managers/owners accommodation including 2 large double bedrooms, bathroom, open plan lounge, dining and kitchenette.   
  • Fantastic Hospo areas with large front bar to main road, outside covered in bar for private functions and entertainment. Private dining areas for special occasion dining groups. Restaurant/cafe seating up to 80 guests approx. with outdoor dining areas for summer.
  • Purpose built kitchen with good prep areas, large walk in cool room and walk in freezer. 

We invite all interested parties to contact me now to discuss the sale of this hotel.

Interested In This Opportunity?

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Similar Business Opportunities:
Hotels for Sale Nelson
Businesses for Sale Nelson
Tourism Properties.com
For more info
Contact:

Adrian Chisholm

021 727 888
Tourism Properties.com
REAA 2008
Broker Ref: THL-47251

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