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Bar Xcel Timaru, Freehold

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Property ID: THL21-1032
Property Type: Hotels, Taverns, Bars
Sale Type: Freehold Investment
Region: Canterbury
Address: 132 Stafford Street, Timaru, New Zealand
Price: Offers Around $425,000.00 +SAV plus GST
Kevin Johnson
Hospitality Business Broker
Phone: 03 310 7487
Mobile: 027 466 7930
Email: kevin@tourismproperties.com

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Great Options Here

This Freehold Going Concern Hospitality Business has had extensive structural work done to open up a Roof Top Function Area

Has been running on Thursday, Friday and Saturday Nights, as a night entertainment Band/DJ venue, but has a standard 7 day a week Liquor Licence, so could be run as a Daily Hospitality Business.

If your a Entertainment Lover, then this Business Investment is a must see, call your Specialist Business Broker, Kevin Johnson, 0800 HospoBroker.


Timaru is a major port city in the southern Canterbury region of New Zealand, located 160 kilometres south of Christchurch and about 200 kilometres north of Dunedin on the eastern Pacific coast of the South Island. The Timaru District is a territorial authority of 42,867 people (2006 census) in and around the former Timaru City (27,200) includes a prosperous agricultural hinterland with links to smaller rural communities such as Pleasant Point (1,170), Temuka (4,044), and Geraldine (2,244). The town of Waimate is about 40 kilometres to the south on the road to Oamaru and Dunedin.

Caroline Bay beach is a popular recreational area located close to Timaru's city centre, just to the north of the substantial port facilities. Beyond Caroline Bay, the industrial suburb of Washdyke is at a major junction with State Highway 8, the main route into the Mackenzie Country. This provides a road link to Fairlie, Twizel, Lake Tekapo, Aoraki/Mount Cook and Queenstown.

Timaru has been constructed on rolling hills created from the lava flows of the extinct Mt Horrible volcano, which last erupted many thousands of years ago. The result is that most of the main streets are undulating, a clear contrast with the flat landscape of the Canterbury Plains to the north. This volcanic rock is used for