Ad ID: 97572

Hospitality for Sale Rangiora Canterbury

The Ashley Hotel – Business for Sale


Business for Sale Description

Hospitality for Sale Rangiora Canterbury

24 Canterbury Street, Ashley.

On offer is the leasehold of this timeless established hospitality venue which is a popular community hub. Investing time, money and effort into the Ashley our owners are ready to move to their next project and leave behind a tidy operation with upsides. The Hotel has a private and sunny owner’s flat with a separate entrance, a garden bar, outdoor seating on the front deck, a generous dining area, bar and kitchen. The Ashley is home to the local fishing club who meet there regularly with pool competitions and various functions well catered for with a license to hold up to 190 people.

• Bar (70%) and dining (30%) open 6 days a week

• Accommodation – guest rooms and owners flat

• Four years left on a DB brewery supply agreement

• Recently installed new lines & new taps.

• Lease to 2023 with five year ROR to 2028

• On license and off license

• Includes all the plant and equipment required to run the business

• Operated by two owners with the help of two casual staff members

Business Resources

At the rear of the hotel the large car park ensures ample parking for all including truck parking overnight. The Ashley Hotel has a long history and a bright future for an operator who will recognise the potential in this business.

The Hotel is situated a few minutes’ drive from the expanding township of Rangiora and sits on a commanding corner site in the heart of the Ashley Village.

Interested In This Opportunity?

Email to a friend / myself


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Bayleys Canterbury
For more info
Contact: Kate Mullins

Kate Mullins

Kate Mullins
+64 27 248 8456
Bayleys Canterbury
Licensed REAA 2008
Broker Ref: 5513764

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