Ad ID: 58982
Country Hotel and Cafe for Sale North Wairarapa
Freehold Country Hotel Land Building & Plant
Business for Sale Description
Country Hotel and Cafe for Sale North WairarapaThe Pongaroa Hotel Bar & Cafe; is at the heart of it's rural community and is located mid-way on the Route 52 tourist trail (North Wairarapa).
With all of the charm you would expect plus a large new outdoor decking and lawn area, seven pokies and a cafe;.
Returns a healthy 9% at present.
Tenant in place until Sept 2018. Option for new owner to operate at end of the lease or establish new lease or put manager in place.
Interested In This Opportunity?