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Property Ref: 31963

Waitotara Hotel, Three Businesses in One! Country Pub, Restaurant, Dairy & Accommodation Business, now for sale

Property Type: Country Pub, Bars, Cafes, Hotels, Other Businesses for sale, Taverns, Restaurants, Other Hospitality

Sale Type: Leasehold Interest (Business)

Region: Taranaki

Physical Address: 1 Kaipo Street, Waitotara 4549

Price: LEASEHOLD INTEREST BUSINESS FOR SALE, ONLY $220,000 +GST (if any)

Broker: Kamal Sharma

Mobile: +64 22 0515 782

Email: kamal@tourismproperties.com

The riverside Waitotara Hotel is available for the first time in over a decade!

Are you looking for a steady income with a rural lifestyle? Then look no further!

This loved ‘local’ and seven room riverside pub, includes owners’ accommodation. It’s also the local dairy and post office. With solid repeat customers, from near and far, here’s an opportunity to buy yourself a fabulous lifestyle and become a very special part of this fantastic small community!

KEY FEATURES

  • Multiple income streams with great cash flow!
  • Monopoly business – No other similar businesses in the area!
  • Popular bar with a great fireplace and plenty of seating
  • Restaurant with large function area with a full commercial kitchen at the rear
  • 7 accommodation bedrooms: 3 Doubles, 3 Single & 1 Twin
  • Off-License also available for sale
  • Great 3 bedroom owner/manager accommodation
  • Local dairy selling day to day convenience products
  • Local NZ Postal Office
  • Call me now!

The current lease is on a 20-year term which expires on the 29th July 2024. However, the Vendor has advised that an extension of the lease is possible.

The current rent is $ 1150 per week including GST.

This friendly country pub is the lifeblood of this delightful small community, with its old fashion charm. It provides the local community and visitors passing through, with a lively bar and restaurant, great meals, roaring fireplace, pool table, and big TVs for all the sports coverage.

From Waitotara, it’s easy access to a some great kiwi hunting and fishing spots, with the beautiful West Coast beach only approximately eight minutes away.

After 12 years the current owners have decided it’s time to hand over the reins of this fantastic multi-revenue stream business, to a new operator.

The new owner would ideally have a background in the hospitality industry.

Vendor willing to provide full training and support to the new operators – don’t dilly dally, call now!

For more information please register here or to arrange your viewing contact specialist Hospitality Business Broker, Kamal Sharma, on 022 0515 782 or email kamal@tourismproperties.com.

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

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31963: Waitotara Hotel For Sale | Background Information

31963: Waitotara Hotel For Sale | Lease

31963: Waitotara Hotel For Sale | Financials 2019

31963: Waitotara Hotel For Sale | Financials 2018

31963: Waitotara Hotel For Sale | Financials 2017

31963: Waitotara Hotel For Sale | Financials 2014

Property Details

Property Type

Country Pub
Bars
Cafes
Hotels
Other Businesses for sale
Taverns
Restaurants
Other Hospitality

Sale Type

Leasehold Interest (Business)

Region

Taranaki

Physical Address

1 Kaipo Street, Waitotara 4549

Price

LEASEHOLD INTEREST BUSINESS FOR SALE, ONLY $220,000 +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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