Ad ID: 73270

Hotel for Sale Central Otago

Great Return on Investment

Location:
Asking:
Business Lease $480,000

Business for Sale Description

Hotel for Sale Central Otago

Situated on the Central Otago Rail Trail and in the spectacular rolling mountains surrounds of the Maniototo, this Hotel Lease is being marketed with a Return on Investment above 40%.

The current owner sees that the next operator should focus on maximising all areas of the complex especially looking at the accommodation marketing, now that this has been refurbished over the winter months in 2018. This is definitely ready for the new summer season.

Ambiance, atmosphere and good patronage is what you need for a good Hotel business, and this renowned Central Otago Hotel certainly has all this!

The current passionate owner has been dedicated to bring this \"Art Deco\" pub back to life, and you will see this upon inspection. A well supported Bar, Restaurant and Liquor Store from the local community is then topped up with a mix of tourists and cyclists.

We would welcome your enquiry on the Business Lease at $480,000 of this Hotel for sale in Ranfurly via our website or by phoning FIONA MCDONALD on 0800 263339, DDI 03 555 2129 or 027 550 0966.

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Coffeys Tourism Property Brokers Ltd
For more info
Contact:

Fiona McDonald

Fiona McDonald
027 550 0966 or 03 555 2129
Phone: Fiona McDonald 027 550... or 03 555 2129
Coffeys Tourism Property Brokers Ltd
Licensed REAA 2008
Broker Ref: 4958

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