Ad ID: 69024

Speargrass Inn for Sale Central Otago

Speargrass Inn, Alexandra

Location:
Asking:
$995,000

Business for Sale Description

Speargrass Inn for Sale Central Otago

​Speargrass Inn is being sold as a Freehold Going Concern and is located in Central Otago, NZ

Reasons to buy:

  • Potential to develop additional accommodation
  • Central Otago lifestyle
  • Highly rated on Trip Advisor
  • Character buildings
  • Multiple income streams

Established in 1869 as the Speargrass Hotel, this beautiful historical building now offers a modern cafe/restaurant and function venue, as well as three elegant and superbly appointed en-suite rooms. The owner's accommodation is a very cosy loft apartment.

Speargrass Inn caters for a wide variety of functions, such as weddings, work functions and family occasions, with the private dining room catering for up to 15 people and the main restaurant up to 45 people.

Beautifully restored in 1987, it was built to code and has received a 'low risk' seismic assessment from the Council. The 3 units were built in 2000 to the same high standard.

Located in Central Otago, the property is on the main highway, and only a 10 minute drive from Alexandra, 80 minutes to Queenstown/Wanaka and 2 hours from Dunedin.

Note:  The asking price does not include Stock.  Stock value is subject to valuation on settlement. 

To find out more, go to www.linkbusiness.co.nz/EL01236 and press the “Enquire Now” button to complete an online confidentiality agreement.

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business. Please contact the broker for further details.


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LINK Business Christchurch Ltd
For more info
Contact:

Jono Jarvis

Jono Jarvis
+64 9 579 9226 or +64 21 177 9760
Phone: Jono Jarvis +64 9 5... or +64 21 177 9760
LINK Business Christchurch
Licensed REAA 2008
Broker Ref: EL01236

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