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Property Ref: 40908

Freehold Going Concern Hotel For Sale In Kakaramea, South Taranaki

Property Type: Country Pub, Hotels, Bars, Bed & Breakfast, Development Site, Commercial Real Estate, Other Accommodation, Restaurants, Other Hospitality

Sale Type: Freehold Going Concern

Region: Taranaki

Physical Address: 2209 South Road, Kakaramea 4598

Price: LAND, BUILDINGS, & BUSINESS FOR ONLY $610,000 +GST if any!

Broker: Kamal Sharma

Mobile: +64 22 0515 782

Email: kamal@tourismproperties.com

Country Pub, Hotel & Tavern, this Freehold Home & Income on the Market!

Kakaramea Hotel, a great country pub is for sale. Kakaramea is a small town located on State Highway 3. Hawera is approximately 20 minutes North-west, Whanganui is 45 mins to the south, and 60 mins to the north is New Plymouth.

Not often do we discover such a massive 7-bedroom stunning home and steady income stream, presented with some development opportunity.

Nicely set on (approx.) 3352 sq. meter of Freehold section on a remarkably busy main arterial route.

FEATURES

  • 124 pax bar and restaurant, currently trading only 4 days a week from 3 pm to close
  • Fully functional kitchen
  • 7 Bedrooms home, 4 double, 3 single, 2 bathrooms, 2 toilets, 1 shower and 2 lounge areas
  • Located on main arterial SH 3 with wide street appeal
  • Ample car parking
  • Very well presented
  • Lovely outside seating area
  • Well-known and supported in the local community
  • Spread over 3532 square meters more or less and 350 square meters of built-up area

Kakaramea Hotel  Includes a one-level 124 seating bar and restaurant, with ample customer car parking, a substantial 7 bedroom owner/manager’s home, plus a storage room, and a large double garage with its own well for the free water. All rooms are attached to the main Bar and Restaurant complex.  The entire complex is very well presented and has nice green well-maintained lawn areas at the rear end of the section. The entire land lot is mostly rectangular and level, any potential further build is set out to make the most of the site.

This region is experiencing a lot of development in the nearby Patea and Hawera belt. Opportunity exists to keep this as a large house, or convert it into bed and breakfast, or add more dwellings, subject to council consent, or simply continue to run the business the way it is.

This purchase gives you a home and income that is freehold, not leasehold, for the price of a good three-bedroom house in Hawera – All for only $ 610,000 +GST if any

This freehold going concern at this price will not last for very long. So act swiftly.

For more information or to arrange your viewing, please contact specialist accommodation Business Broker, Kamal Sharma on 022 0515782 or email kamal@tourismproperties.com.

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Kakaramea Hotel- Financials for the Year end 2020

Kakaramea Hotel-Liquor License

Kakaramea Hotel- Food Certificate

Kakaramea Hotel- Building Warrant of Fitness

Property Details

Property Type

Country Pub
Hotels
Bars
Bed & Breakfast
Development Site
Commercial Real Estate
Other Accommodation
Restaurants
Other Hospitality

Sale Type

Freehold Going Concern

Region

Taranaki

Physical Address

2209 South Road, Kakaramea 4598

Price

LAND, BUILDINGS, & BUSINESS FOR ONLY $610,000 +GST if any!

Contact Agents

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Kamal Sharma

Tourism, Hospitality & Leisure Business Broker
Whole of the North Island
International: +64 22 0515 782
NZ Mobile: 022 0515 782

Email: kamal@tourismproperties.com

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