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Property Ref: 7503

Destination Tavern in Northland Tourist Hot Spot For Sale

Property Type: Country Pub, Bars, Hotels, Restaurants, Taverns

Sale Type: Freehold Going Concern

Region: Northland

Physical Address: 2039 Paparoa Valley Road Paparoa 0571

Price: COMMERCIAL FREEHOLD GOING CONCERN, $850,000 +SAV+GST (If any)

Broker: Tom Crawford

Mobile: +64 21 278 9200

Email: tom.crawford@tourismproperties.com

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Popular Paparoa Commercial Freehold Tavern & Accommodation

This increasingly popular tavern/gastro pub located on a major tourist trail is just 2 hours drive from Auckland.

THE THIRSTY TUI, PAPAROA HOTEL has been tastefully refurbished throughout and is reminiscent of Napier’s Art Deco age. It is stylish but totally welcoming serving truly excellent modern Kiwi cuisine in the friendly atmosphere bar, period dining parlour or casual outdoor garden area.

With a well trained, friendly team running the show, Thirsty Tui is on track for a record summer with an ever improving bottom line however there is ample opportunity for further business development which could take many forms.

Northland is on the brink of an exciting period of regeneration in line with the Governments Provincial Growth Fund which will see millions invested in the region and will see an influx in terms of population, housing and business.

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If you see yourself as part of this exciting initiative then ownership of the Thirsty Tui might be perfect for you.

KEY FEATURES

  • Freehold Going Concern on 4,244sm (more or less)
  • Restaurant Lounge Bar and Public Bar
  • Off-License Bottle Store
  • Three Hotel Rooms with en-suite
  • Two Bedroom owners home currently let as accommodation
  • 30 Car parks
  • 7 Water tanks
  • New sewage treatment facility

This is a unique freehold going concern opportunity. It is the first time the property has been on the market for 45 years.

There has been extensive investment in the property which still maintains the rural character while providing a modern quality experience that locals and tourists enjoy. The owner is based in Auckland and has other business interests and feels it is time to move on and for a new owner to reap the benefits of the refurbishment and new branding.

Adjacent Section for overflow parking, events, concerts, weddings and provides popular riverside parking for campervan tourists.

This is a property that has to be seen to be appreciated. The Hotel is attracting excellent reviews (4.5) on Trip Advisor and has an active Instagram and Facebook presence. There is limited competition in the area. Register online to access financials and further property and business information. Inspection by appointment.

For more information or to arrange your viewing, please contact specialist Hospitality & Accommodation Business Broker, Tom Crawford, AREINZ, on 021 278 9200 or email tom.crawford@tourismproperties.com


REGIONAL FEATURES & INFORMATION

The Kaipara, being on Auckland’s door step, is experiencing a wave of local population growth. Paparoa is a small historic picturesque village in the Kaipara, Northland situated close to the Kaipara Harbour and just 1 hr 40 mins North from Auckland.

The nearby beach settlements of Whakapirau, Pahi and Tinopai are popular with locals and an increasing number of bach-owners and weekend holiday makers.

The area is attractive to families, retirees and business owners who are attracted by the growing opportunities in the area and affordable lifestyle properties.

The Northland area is one of the fastest growing areas in the country and all townships in the Kaipara reported a growth in population.

Long term growth is assured due to planned motorway developments from Auckland to the North which will improve proximity to Auckland and further drive business development, tourism and population growth.

Recently announced Regional Development funding from Government will also develop tourism opportunities and growth in the region.


If you would like to know more, please register here on our website, and navigate to the documents tab above the main image, and request access to the confidential information therein, thank you.

 

 

Paparoa Hotel - A slice of kiwi heaven!

Confidential Documents

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7503 | Paparoa Hotel For Sale - Financials March 19

7503 | Paparoa Hotel For Sale - Confidential staff list

7503 | Paparoa Hotel For Sale - 2 year sales

7503 | Paparoa Hotel For Sale - Monthly sales breakdown

7503 | Paparoa Hotel For Sale - Financials March 2020

7503 | Paparoa Hotel For Sale - Sales Analysis June 2020

7503 | Paparoa Hotel For Sale - Owners Comments 22 June

SUMMARY FROM ONLINE REVIEW PORTALS

“Stop in for lunch on Day 1 of a weekend Twin Coast round trip and had lunch at The Paparoa Hotel – a retro classic. The beer was cold, the Chardonnay excellent, and the Pulled Pork and Watercress Pizza was outstanding! We wanted to try more of the menu but time didn’t allow it, but our gracious host (a long way from home in the US), setting, and food make this a classic Kiwi treasure.
Thanks very much.”
 

– Shane and Toni T. Auckland.

WEBSITE

TOTAL REVIEWS

AVERAGE RATING

Trip Advisor. com

47

4.5 / 5 stars

Google. com

164

4.3 / 5 stars

Facebook. com

20

4.5/ 5 stars

Trip Advisor. com

Great Food! ★★★★

We stayed for 2 nights at the Thirsty Tui Hotel in July 2020. We ate dinner at the pub both nights, and the food was EXCELLENT. Very generous and very fresh – flounder caught that day and melt-in-the-mouth beef cheeks. Delicious! Nerissa and Sean were wonderful hosts, knowledgeable and very welcoming. It was a pleasure to spend the weekend with them. The rooms are in their original form, made fun with the vintage and retro theme. They are priced appropriately and we were very comfortable. The fire in the lounge was delightful to retire to after dinner. Thank you for a relaxing holiday!

Comfortable and close to city ★★★★★

cute little hotel, everything is clean and tidy. the staff and the owner are all very nice. the food is delicious. there is a nice large area outside with tables and benches to sit on. we would definitely recommend this hotel.

What a “Surprise” ★★★★★

As a group of seven we had an assortment of meals, these were all fanastic, from the fish of the day, lamb salad, burgers to pancakes. Yes this is a country pub, friendly staff, timely service and the prices compared to quality were cheap, the meals were resturant quality meals at pub prices, ” I will be back”


Facebook. com

I would highly recommend 👌 The food was delicious and the Chefs did a great job. Pricing is very reasonable for food and drinks. The Staff were great and a special thanks to Sean he was amazing. We went for my Mums Birthday he suggested we preorder been a larger group communication was on point and the food came out at the time we had asked for.
Thankyou all again we will definitely come back 😀.

Good Kai and great place to pop in and sink a few quiet ones….

A great country pub with a lot of character. The retro feel makes it even more charming and warm. The food was top notch and was well worth the money as they portion nice and big up here! Have to try their homemade pies, amazing quality for a classic kiwiana dish. Stayed a night and was really cozy and relaxing, so if you are looking for a easy getaway then this little pub is it. Only have great memories of our time there and could not recommend it more.

Awesome romantic getaway! So close to Auckland but felt so unique and special ! My partner and I needed to leave the city for a while and relax, Paparoa Hotel has been recommended to us by multiple friends and it was just the perfect spot. Truly amazing staff, helpful and friendly. Nothing pretentious and a true kiwi feel. The decor is retro and funky, the food was amazing and portion size was super generous. I love the idea that the pub has been run by the same family since the beginning, it makes it full of warmth and history. It was really affordable and we left with great memories.

Google. com

5/5 | Lovely food. Narcisse is a gem.

4/5 | [No Comments]

5/5 | [No Comments]

5/5 | Good service and nice food.

5/5 | Our beloved local. Great food! Great atmosphere! Great staff!

5/5 | Just had lunch here, fantastic food, I had the beef and ale pie with mash , we also had homemade pumpkin soup and homemade double down burger.
Awesome food, wish we had the time to stay for their hog roast tonight.
Very friendly staff and well worth stopping for lunch or dinner

Source: Online review platforms.

Property Details

Property Type

Country Pub
Bars
Hotels
Restaurants
Taverns

Sale Type

Freehold Going Concern

Region

Northland

Physical Address

2039 Paparoa Valley Road Paparoa 0571

Price

COMMERCIAL FREEHOLD GOING CONCERN, $850,000 +SAV+GST (If any)

Contact Agents

Tow Crawford Business Broker

Tom Crawford

Tourism, Hospitality & Leisure Business Broker
Northland, Auckland & Coromandel
International: +64 21 278 9200
NZ Mobile: 021 278 9200

Email: tom.crawford@tourismproperties.com

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Carolynn Crawford - Business Broker

Carolynn Crawford

Tourism, Hospitality & Leisure Business Broker
Northland, Auckland & Coromandel
International: +64 21 247 8716
NZ Mobile: 021 247 8716

Email: carolynn.crawford@tourismproperties.com

VIEW OTHER LISTINGS

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