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Property Ref: 68507

Monteith’s Brewery Bar, Alexandra

Property Type: Bars, Taverns, Restaurants

Sale Type: Leasehold Interest (Business)

Region: Central Otago

Physical Address: 26 Centennial Avenue, Alexandra, New Zealand

Price: $795,000 or near offer

Broker: Adrian Chisholm

Mobile: +64 21 727 888

Email: adrian@tourismproperties.com

This iconic hospitality business in Alexandra is for sale, due to health issues the owners are open to offers which will allow an astute business operator to take this great business to the next level. Monteith’s Brewery Bar in Alexandra is in the heart of the town and a local’s haven.

A large investment by the current owners has ensured that this business is a turn-key operation with all the hard work done and the capital investments recently made.

This business caters to a variety of functions, events and group bookings with a number of versatile indoor and outdoor spaces. The property features a front lawn which opens to the main street of Alexandra and a rear garden ideal for private functions.

Monteith’s Brewery Bar Alexandra are specialists in running functions for a variety of occasions. Helping clientele host birthday parties, group dinners, engagement parties, intimate weddings, corporate trainings and events, clients’ functions and family gatherings.

A modern back of house commercial kitchen and a refurbished front of house ensures that the business is future proofed.

This business enjoys an awesome reputation and enjoys a large market share of the bar, tavern and restaurant sectors within the Alexandra region.

If living in Central Otago is a dream come true, this could be your opportunity. From snow-capped mountains just waiting to be skied, ridden and tramped, to fresh clean lakes perfect for all kinds of watersports, Alexandra is a family friendly, outdoor lovers’ paradise. Living here is the perfect way to have lifestyle and freedom. Only one hour from Queenstown’s international airport and a two-hour drive to Dunedin’s CBD.

A long lease and upgraded premises ensure that the new owner will be able to hit the road running and free to concentrate on the overall business strategy. Potential buyers should note this is not a franchise, the business name is based on beneficial agreement with the Brewery but could be changed if the new owner wished.

This business is also very conveniently located for cyclists passing through Alexandra and is one of the regular stops on the Central Otago Cycle trail.

This is a fantastic hospitality opportunity, in an established area. Perfect for a couple, extended family, or group to own and operate as it is or develop it further. Please contact Adrian now – early viewing is strongly encouraged!

For further information, register now, or contact specialist Business Broker Adrian Chisholm, AREINZ, on 021 727 888 or email adrian@tourismproperties.com.

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68507 Lease Documentation

68507 On-Licence

68507 Plant & Equipment List

68507 Building Warrant of Fitness

68507 Food Control Plan

68507 Capacities of Function Areas

68507 Statement of Performance

68507 MBB Contract

68507 MBB Wage Expenses

Property Details

Property Type

Bars
Taverns
Restaurants

Sale Type

Leasehold Interest (Business)

Region

Central Otago

Physical Address

26 Centennial Avenue, Alexandra, New Zealand

Price

$795,000 or near offer

Contact Agents

Business Broker Adrian Chisholm

Adrian Chisholm

PRINCIPAL | Tourism, Hospitality & Leisure Business Broker
Head Office | Queenstown & Central Otago
International: +64 21 727 888
NZ Mobile: 021 727 888

Email: adrian@tourismproperties.com

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