Ad ID: 61588

Hotel Bar and Restaurant for Sale Rotherham Canterbury

The Iconic Rotherham Hotel: Trend-bucking "cash-cow" in the thriving Amuri dairy heartland.

Location:
Asking:
$1,250,000
2 sections and 2 houses as negotiable options
Turnover:
$1,183,000

Business for Sale Description

Hotel Bar and Restaurant for Sale Rotherham Canterbury

I am an historic single-story NZ country hotel, “born” in 1878 and rebuilt 1932 after a devastating fire. I sit proudly on 3,463 sqm in the Rotherham township on the busy Alpine-Pacific Triangle State Highway 70 tourist route just 25 minutes from the Hanmer Springs Alpine village.

My current owner has nurtured me for the last 3 decades, extending me with a smart new function room and beer garden. My main building has 4 guest bedrooms, 2 elegant dining rooms (and designated private space). Outside there are 7 recently redecorated chalets, an ablution block, landscaped camping area and 3 leased cabins. My green-fingered Publican has fashioned a productive veggie and attractive  garden beds in my expansive grounds. Last year he restored my beloved Old Stables into a rustic-themed function room with a superb  outside entertainment area.

I have bucked the downward trend of many NZ country hotels thanks to my prime location and my legendary Publican’s work ethic, host skills and business acumen to carve out new revenue streams: e.g. barista coffee, private functions and the campervan and dairy boom dollars. It’s high time he worked on that “bucket list” and is offering me for sale as a freehold going concern (with options for a 4-bedroom house, 2-bedroom cottage and 2 quarter acre sections ripe for development).

My veteran Publican leaves me on a very solid footing: his forward accommodation bookings, on and off-trade liquor and restaurant, takeaway fast food sales are the envy of his peers (turnover $1.1 million in the year to April 2017). Expressions of interest are invited from parties seeking a genuine profit/lifestyle opportunity. This is a thriving NZ hospitality business with a loyal customer base which is  milking the cash-cow of demand from the Amuri Irrigation Scheme labour force. Are you the fresh “new blood” to take me forward and write the next chapter in my epic journey? Perhaps the best may indeed be yet to come.  

Contact me today to find out more.

Interested In This Opportunity?

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For more info
Contact:

Keith Fenwick

03 315 6373 or 0272438626
Phone: Keith Fenwick or 0272438626

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