PRICE REDUCED... Will trade building or business or as a going concern.
Country Hotel with accommodation, bars, restaurant and cafe, peak season winter with summer growing fast.
Situated just 19km from Mt Ruapehu and in the World Heritage Tongariro National Park.
Offering good kiwi country comfort: sleeps 55 with public bar, wine bar, restaurant, cafe and takeaway service, plus backpacker facilities. Winter is peak with skiing and snow fun just minutes away. Summer activities include World Heritage walks and the Whanganui River close by.
Building has independent valuation of $760K, ground is leasehold with perpetual right of renewal, ground rent is $4.5K per year. 3 people could run the Hotel through summer with 6 to 8 required for June to October.
Business figures for the past 5 years show steady growth, with further potential.
Shrewed investor could own the building and lease the business out.
Selling, because owners have new business in Whangarei
Price is plus GST if any
For more information please call Lynda or Glenn on (09) 4594509
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