Ad ID: 74561

Historic Hotel Lease for Sale Hawarden Canterbury

Historic Hotel, Functions Centre & Campervan Park, Lease For Sale

Location:
Asking:
$150,000
+ GST if any

Business for Sale Description

Historic Hotel Lease for Sale Hawarden Canterbury

It's more than just a country hotel, the Hurunui Hotel has historical charm and a destination for tourists & locals traveling on the inland highway between Christchurch and Hanmer Springs, it's a must stop.

Business Resources

The business offers multiple income stream opportunities:

  • The hotel has 3 outdoor areas for private groups and casual dining which include the wine garden, beer garden, and street side cafĂ©. Inside you will find the bar and lounge areas including a pool room. The restaurant caters for 50 guests approx. for breakfast, lunch, and dinner. The services areas a designed so that you can operate this business with minimal staff. 
  • The Guests rooms are located on the second floor and offer 3 double rooms, and 4 twin share single rooms. There are 2-shared bathrooms with shower, bath and toilet. 
  • Campervan park with 10 powered sites and none powered sites, ablution block including toilets, showers, laundry and kitchen facilities.  
  • Function Centre catering for approx. 120 guests for weddings, private parties and meetings with its own bar, and satellite kitchen facilities.  
  • Retail space, local arts & craft, cellar door or even a microbrewery are often talked about for future development in this space.  
  • A new lease is on offer for 30 years, rent $70,000 PA + GST plus 100% of outgoings, rent review every 2 years. My clients understand this is a startup business and are negotiable on the terms of the lease for experienced operators.  

Brokers Comments: This category 1 heritage listed building has recently been structurally upgraded to 67% of the NBS code. The hotel has been painted externally and the guest rooms have been painted and carpeted. Buyers will need to complete the guest rooms soft furnishings and chattels fit out and any additional kitchen appliances as they see fit. The cost has been estimated at approx. $30,000 to complete the fit-out, additionally you will need to allow for F&B stock to start trading.

For all enquires: contact Brad Watts your Hospitality Specialist mob: 0212780 919 or email brad@tourismproperties.com

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For more info
Contact:

Brad Watts

+64 21 278 0919
Tourism Properties.com
Licensed REAA 2008
Broker Ref: 66373

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