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Property Ref: 24051

Iconic Matheson Cafe & ReflectioNZ Retail Store For Sale in Fox Glacier

Property Type: Bars, Cafes, Leisure, Restaurants, Leasehold Investment, Residential Real Estate, Commercial Real Estate, Other Businesses for sale, Development Opportunities, Retail & Showroom Real Estate

Sale Type: Freehold Investment, Freehold Going Concern, Leasehold Interest (Business)

Region: West Coast

Physical Address: Lake Matheson Road, only 5kms from Fox Glacier township & 28kms from Franz Josef Glacier (an easy 25 mins drive).

Price: LAND, BUILDINGS, BUSINESS & HOME | SEE LISTING FOR BUYING OPTIONS

Broker: Adrian Chisholm

Mobile: +64 21 727 888

Email: adrian@tourismproperties.com

Purpose-Built Tourist Complex with Direct Access to Lake Matheson

New Zealand’s iconic Lake Matheson Café and ReflectioNz Retail Gift Store and Gallery is situated at one of the South Islands key tourism sites in Fox Glacier. This comprehensive tourism complex, the only commercial operation with direct access to the walkaways, is exclusively offered for sale as various leasehold or freehold going concern options, to suit an astute tourism, hospitality and leisure business purchaser, keen to seize this iconic complex in a key location.

Key Sale Features:

  • Iconic tourism destination
  • Purpose-built Tourism Complex with high foot-traffic
  • Positioned at the start & finish of two famous NZ walks Lake Matheson & Lake Gault
  • Multiple income streams & multiple purchasing options
  • Significant Owner/Manager Residence with additional apartment
  • Staff Accommodation Options
  • Plus future development potential

Lake Matheson Café and ReflectioNz Retail Gifts and Gallery is only a few minutes drive from Fox Glacier township, at the entrance to the highly popular Lake Matheson and Lake Gault Walkways, and the newly formed Omoeroa Kiwi Sactuary. This renowned tourism property and business enjoys direct access to the walkway, and is coupled with unsurpassed views of Mt Cook and Mt Tasman. The Lake Matheson walkway is one of the Department of Conservation’s 100 New Zealand Iconic Sites, and now you can literally own the gateway to this internationally recognised NZ attraction. The direct access takes people right between the two significant buildings.

Building I:

    • Cafe & Restaurant building, with indoor (100 approx.) and outdoor seating (60 approx.)
    • Full commercial kitchen, walk in cooler and freezer rooms, office, locker room, and staff shower & toilets

Building II:

    • Retail Gallery & Gift store, staff room, store room, office, staff toilet, attached shed and generator
    • Note: The generator can power the entire complex if required

Carpark & Other Facilities :

    • Parking for approx. 11 coaches, 15 campervans, 6 accessible/mobility  parks, and 87 sealed car parks
    • Separate Carpark Toilet & Bathroom facilities also available

Lake Matheson Cafe & Restaurant

Built in 2008 and approximately 300m², the Cafe was purpose built to capture the stunning views of the area and specifically Aoraki, Mt Cook, which is New Zealand’s highest mountain. It seats approximately 100 inside, and features an outdoor deck area of approximately 150m² which can seat approximately 60 people. The cafe offers a range of breakfast and lunch options, and dinner is available seasonally usually from November through to the end of March (high-season). The cafe offers quality food and coffee, alongside carefully selected wines, and the finest produce which is sourced locally. Being recipients of the NZ Beef and Lamb Hallmark of Excellence Award is a testament to this. The cafe has continuously earned this award since 2009, 10 years in a row. The cafe is currently ranked #1 of 10 Restaurants in Fox Glacier, with 1,365+ reviews received.

ReflectioNz Gifts & Gallery Retail Store

This complex also includes the ReflectioNz Gifts and Gallery store, which offers a variety of products for every taste, from New Zealand made gifts and artwork to souvenirs, designer merino garments, West Coast greenstone and New Zealand themed jewellery.

Staff Accommodation – Cook Flat Road

Constructed in 2009, on a a 5000m² property (approximately), are four separate two-bedroom, self-contained units, which are currently used as staff accommodation. Please see the Information Memorandum for full details.

Residential Manager or Owners Accommodation, with Additional Apartment – Williams Drive

Built in 2013, is a significant modern four-bedroom home, plus additional separate apartment, and three-bay shed. This property is ables to be subdivided subject to consents. Please see the Information Memorandum for full details

Comprehensive Tourism Complex Purchase Options

  1. Café & Retail complex as a Freehold Going Concern at $5,500,000 plus GST if any, which includes the Land, Buildings and Business (Plus Stock at Valuation (SAV) at approximately $110 – $135,000).
  2. Café & Retail complex as a going concern leasehold business for $1,100,000 plus GST if any, (Plus Stock at Valuation (SAV) at approximately $110 – $135,000) (Rent payable would be Café $135,000, plus Retail shop at $80,000 totalling $215,000).
  3. Café Only as a going concern leasehold business, for $600,000 plus GST if any, plus Food and Beverage Stock at Valuation with a rental payable of $135,000 plus GST if any.
  4. Staff Accommodation Complex at 98 Cooks Flat Road, including 4 x two bedroom units at $1,000,000 plus GST if any.
  5. A Residence & Apartment Complex at 7 Williams Drive, at $995,000 plus GST if any.

Development Potential

There are two potential locations within the property to create tourism accommodation for guests, either near the existing retail/gift shop location, or East of the Cafe complex, please see the documents and maps for further information.

The Lake Matheson Tourism Complex presents astute investors with the rare opportunity not be missed! The various configurations for sale as leasehold or freehold going concerns, offer a hospitality and leisure business options, as well as possible accommodation options. In this unique and iconic location those with an astute eye, will not only see the present possibilities but also the future. Contact Adrian now to discuss this exclusive tourism opportunity.

For more information, please contact specialist Hospitality Business Broker, Adrian Chisholm, AREINZ, on 021 727 888 or email Adrian@tourismproperties.com.

 

SUMMARY OF POTENTIAL PURCHASING OPTIONS

SALE PRICE

Café/Retail Freehold Going Concern | Land, Buildings and Business

$5,500,000 +GST (if any)

Café & Retail Businesses | Leasehold Interest Business

$1,100,000 +GST (if any)

Café Business Only | Leasehold Interest Business (Retail Only, is not available)

$600,000 +GST (if any)

Jag Accommodation | Freehold Investment

$1,000,000 +GST (if any)

Residential Home & Apartment | Investment

$995,000 +GST (if any)


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.

Matheson Cafe, ReflectioNz Gallery & Retail Gift Store

Matheson Cafe, Gift Store & Gallery - A magical "Must See" destination!

Confidential Documents

Full Listing Information for this Tourism Business will be disclosed to registered, approved Potential Purchasers.

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24051 | Lake Matheson Complex For Sale | 5 year Comparison, 2015-2019 - Matheson Cafe

24051 | Lake Matheson Complex For Sale | 5 year Comparison, 2015-2019 - ReflectioNZ

24051 | Lake Matheson Complex For Sale | Draft Financials

24051 | Lake Matheson Complex For Sale | Financial Commentary from Vendor

24051 | Lake Matheson Complex For Sale | Deed of Lease

24051 | Lake Matheson Complex For Sale | Lease, Further Terms

24051 | Lake Matheson Complex For Sale | Access Agreements

24051 | Lake Matheson Complex For Sale | Site Plan

24051 | Lake Matheson Complex For Sale | Site Maps

24051 | Lake Matheson Complex For Sale | Valuation I

24051 | Lake Matheson Complex For Sale | Valuation II

24051 | Lake Matheson Complex For Sale | Sample Menu: Breakfast (2019-2020)

24051 | Lake Matheson Complex For Sale | Sample Menu: Lunch (2019-2020)

24051 | Lake Matheson Complex For Sale | Sample Menu: Dinner (Summer 2019)

24051 | Lake Matheson Complex For Sale | Restaurant Chattels

24051 | Lake Matheson Complex For Sale | Information Memorandum

SUMMARY 

Website

Total Reviews

Average Rating

Trip Advisor. com

#1 of 10 Restaurants

 in Fox Glacier

1366

4.5 stars

Google. com

472

4.5 stars

Facebook. com

37

4.5 stars

Trip Advisor. com

Delicious food and amazing views ★★★★★

We for walk around the lake and then went to cafe. Lots of delicious good to choose from. I had a toastie, delicious and warm for a cold day. The view was beautiful of the glacier and mountains. Food was reasonably priced and the gift shop had lots of goodies..

You wont beat the view / food combo! ★★★★★

Great place to go for a scenic walk and a great feed to go with it. Staff were friendly and the Big Breakfast and Mocha were up there with the best I’ve had (and that’s my go to combo so I’ve had a few). And you wont get a better view while you eat with the mountains looking a treat!

Amazing food with a view ★★★★★

Had a good cup of hot cappuccino and the delicious mixed nuts cookie (and we bought several more pieces before leaving). The souvenir shop opposite the cafe has a good variety of more artistic gifts too.

Great cafe in a great location ★★★★★

Had a lovely family meal here when visiting the lake Matheson walk trail. What a beautiful area and a lovely gift shop next door too.

Great food and majestic views ★★★★★

We originally called into the Tourist Information Centre to gather some maps of the local area and then leave. But after seeing the area and the views, we decided to stay for coffee and a light lunch.
The meal prices were reasonable, the service was quick and friendly.


Facebook .com

Beautiful views to start. Excellent dinner entrees, helpful and courteous staff. A Local favorite.
Large wine list · Hip atmosphere

Une très bonne cuisine, un accueil souriant… privilégiez les tables en hauteur pour profiter de la vue !  [Translation: A very good kitchen, a smiling welcome… prefer the high tables to enjoy the view!]

I just keep it simple – WOW!

Good service – great food!

Recommended by our campsite. Absolutely loved it. Quiet & rather elegant compared with many places we’ve eaten at…in fact the best meal we’ve had since arriving in NZ. Excellent food, nice staff & amazing location. Thanks…would definitely recommend this place.

Fabulous views from the cafe.


Google. com

5/5 | Great coffee and a beautiful coffee place. Good place to stop after walking around the Matheson lake!

5/5 | Beautiful view and delicious food!

5/5 | [No comments]

5/5 | Beautiful. Really nice food.

5/5 | Had an excellent portobello benedict, and a lovely chai latte. Service friendly and quick.

5/5 | Very clean. Good food and coffee. Friendly staff.

5/5 | Delicious food, pleasant servers, attractive room, and great view.

5/5 | 羊肉漢堡及派好吃,天氣好的話可以看到漂亮的山 [Translation  Lamb burgers and pies are delicious. You can see the beautiful mountains when the weather is good.]

 

Source: Online review platforms.

Property Details

Property Type

Bars
Cafes
Leisure
Restaurants
Leasehold Investment
Residential Real Estate
Commercial Real Estate
Other Businesses for sale
Development Opportunities
Retail & Showroom Real Estate

Sale Type

Freehold Investment
Freehold Going Concern
Leasehold Interest (Business)

Region

West Coast

Physical Address

Lake Matheson Road, only 5kms from Fox Glacier township & 28kms from Franz Josef Glacier (an easy 25 mins drive).

Price

LAND, BUILDINGS, BUSINESS & HOME | SEE LISTING FOR BUYING OPTIONS

Contact Agents

Business Broker Adrian Chisholm

Adrian Chisholm

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

Email: adrian@tourismproperties.com

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