Broker | Northland-Nth Shore/West Akld-B/packers Nationwide
This amazing freehold going concern opportunity is positioned in a beautiful rural part of Northland close to the harbour which is experiencing high growth.
This is the first time the property has been on the market for 45 years and is the sort of opportunity not often available.
It is a small hotel with a boutique personality that is positioned to grow.
All the hard work has been done, now it just requires an operator ready to take the business to the next level.
This business would suit either someone looking for a rural lifestyle and income who is happy to manage an excellent team already in place or a couple or family happy to work the hours and reap the rewards.
The property has been renovated enhancing it’s retro-character while providing modern comfort, quality, and tourist appeal. The vendor advises that it also has significant landholding which could be subdivided or developed in the future, subject to usual council consents.
The restaurant is the dining destination for the local community as well as domestic and international tourists with an emphasis on local produce, seafood and fresh herbs from the chef’s garden. There is dining for 60 inside and 60 outside.
The Hotel offers 3 quality self-contained hotel bedrooms and a two bedroom flat with private garden and a beautiful rural outlook. The flat could be used for on-site accommodation for the new owner if required.
The property is positioned to become an iconic Northland business.
There is limited competition and an increasingly busy summer season.
The property is on a well-known tourist route and is the only hotel close to a well-known tourist attraction that brings visitors throughout the year.
Growth is set to continue in the area with the property being only an approximate 1 hr 40 minutes drive north of Auckland, with the new Northern motorway development reducing this traveling time further.
The property market in the area is experiencing high demand and growth with an increasing population moving to enjoy great harbour aspects and an affordable lifestyle. The popular public bar continues serving the local community of farmers, fishermen, horticulture and manufacturing.
There is also an increasing number of holiday homes taking advantage of the proximity to Auckland and the substantial property developments of lifestyle blocks with harbour views.
There is also an option for a long-term lease on the property to the right operators that may include an option to purchase.
Disclaimer: We do not accept responsibility for mis-statement or error contained on this site. Interested persons should rely on their own enquiry. All prices are plus GST if any unless otherwise stated. If the transaction is recognised as a going concern then the sale should be zero rated.
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