Criterion Club Hotel for sale in Alexandra - Development Site!

MOTIVATED VENDOR - HOTEL FOR SALE

The Criterion Hotel for sale in Alexandra - South Island - New Zealand - Freehold Going Concern

The Criterion Club Hotel, or more affectionately known by the locals as 'The Middle Pub', is one of Alexandra's original hotels.

The hotel provides a full range of food, beverage and accommodation services. The accommodation is targeted towards the budget conscious traveller and it is a particularly popular choice for many sports and social groups as well as seasonal contractors.

The vendors are selling the freehold to land (1400 sqm approx) and buildings. The property comprises s two storey building originally constructed in the 1870's, although it has had additions and alterations made in various stages since then. 

The groundfloor comprises s bar, bottlestore, restaurant, TAB, gaming and garden bar whilst the first floor comprises hotel accommodation rooms and managers residence.

The Hotel Accommodation has a total of eleven guest rooms, seven of which have en-suite facilities. There are additionals shower and toilet facilites, guest lounge and kitchen.

Three Backpacker Bunkrooms are also available.

This is an excellent opportunity to purchase this property as a going concern or as a potential site for an alternative development.

For further information on the sale of this business please contact Tourism & Hospsitality Business Broker PHIL AGENT ON 021 433973 or 0800744572 or email phil@tourismproperties.com  

Alexandra is a town in the Central Otago district of the Otago region of New Zealand. It is located on the banks of the Clutha River (at the confluence of the Manuherikia River), on State Highway 8, 188 km by road from Dunedin and 33 km south of Cromwell.

At the time of the 2006 census, the permanent population was 4,827.

The town was founded during the Central Otago goldrush in the 1860s, and was named after Alexandra of Denmark. It was known to miners of the day by several names: the "Lower Township", the "Junction Township", and "Manuherikia". (The "Upper Township" was Dunstan, now Clyde.)

Many orchards were destroyed in the 1980s as a result of construction, 10 km upriver, of the Clyde High Dam, which is the country's third largest hydroelectric power station.

Alexandra is the service centre for a significant stone-fruit industry. Grape production is another major industry in the Central Otago Wine Region. Alexandra has the world's southernmost vineyard, Black Ridge.

The town is a popular holiday destination. Alexandra is perhaps best known for its annual event, the Alexandra Blossom Festival. The Alexandra Blossom Festival celebrates the advent of Spring in the Central Otago District as evidenced by the blooming of the fruit trees.

The district is one of the farthest from a coastline in New Zealand and one of the few to experience a continental, almost semi-arid, climate with severe winters and hot, dry summers. The average daily high temperature for the months November through February are warmer than for Auckland. Temperatures can drop below zero or rise above thirty degrees Celsius in the summer months.