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Masonic Hotel in Woodville, Freehold Going concern is for Sale

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Property ID: THL 06 -1171
Property Type: Hotels, Backpackers, Other Accommodation, Taverns, Bars, Restaurants, Country Pub, Other Hospitality
Sale Type: Freehold Going Concern
Region: Hawkes Bay
Address: 51 Vogel Street, Woodville
Price: $560,000 plus SAV and GST (if any)
Ross Larsen
Tourism & Hospitality Business Broker
Phone: ( 64 ) 06 374 7991
Mobile: ( 64 ) 021 024 23 141
Email: ross@tourismproperties.com

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The Masonic Hotel in Woodville - Freehold Going concern is for sale.

What more could you want - right on the intersection of State Highway 2 and 3. Great exposure in front of all traffic moving between the Wairapapa & Manawatu and Hawkes Bay.

Need exposure? - then this property is the one for you.

About the Business:

The Bar:

This bar tends to cater to regular older local patrons, supplemented with Bus Tours from the TUI Brewery nearby.The Bar has a TAB kiosk, pool table and Darts. Nine (9) Gaming Machines are being added by the end of February

Restaurant / Second Bar / Retail

(Not currently operating):

There is a second large room through the main entrance which has been used as a Restaurant in the past. It does have a small area suitable for a bar, and access to the office, garden courtyard, and toilet.

This room has had a direct doorway to the street (though this has been filled in). So, if you've got a second interest such as Art or Craft Gallery, Antiques, Second hand books, or Deli; perhaps you could start a shop here.

Accommodation:

Upstairs Accommodation:

This Hotel has 8 rooms available upstairs. Many of these rooms are rented medium to long term providing room and cooked diners (week nights) for a modest cost.

Other available rooms are rented per night to visiting Fisherment, Golfers, Contractors, and Truckers.

Motel Accommodation:

There are 3 newish gound floor Motel units at the rear of the property. The Units are a good size, modestly furnished, and offer a good source of income.

Owner's Accommodation:

There is an owner's or Manager's flat upstairs. It consists of two or three bedrooms, lounge, and bathroom.

Business Brokers Comments:

This property needs fresh energy and vision. It's sustaining the current owners but needs a new lease on life.The location, mixed income streams, and scope to expand make this an interesting and exciting project for someone.  The Owners have been realistic in setting the price. And they would look at leaving some money in for a suitably qualified purchaser.

So - do you sums, rev up your vision, and let's have a chat.


About Woodville: 

Woodville is at the northern end of the Tararua Ranges, close to the gap between them and the Ruahine Ranges formed by the Manawatu River. The Manawatu Gorge provides access between the east and west coasts and is the major transportation link. The town is in the Tararua District and the Manawatu-Wanganui region, although it has strong ties with the Hawke's Bay region, of which it was once a part, and is sometimes considered part of Wairarapa.

Contact the Broker:

Ross Larsen is the brokers that is acting for the Owner of this property. He is happy to discuss this property's details at any time, please refer to the contact details on this page.