Listing #:4475221153

BED & BREAKFAST THAMES

Location: Thames-Cor­omandel, Waikato
Elevated with river views: Cotswold Cottage is a freehold going concern, beautifully presented Bed & Breakfast with an olde world charm guests love, and why Trip Advisor rate it number 1 and guest reviews 9.7/10 for excellence.

Thames is the gateway to the Coromandel Peninsula making it an ideal base for day trips around the Peninsula, and an hour and a half from Auckland International airport.

Often described as a "lifestyle property", it may suit someone/couple looking to supplement their income with some tax advantages, ability to work from home with flexible hours, or one works part time in the business whilst the other goes out to work.

Since purchasing this 11 years ago, the vendors have loved their time here, however it's now time to retire.

Unlike many B & B’s, the 3 guest rooms aren’t in the owner’s home but rather a separate wing, so the only time they need to come into the main house is for breakfast.

Whilst a boutique B & B, their marketing and websites are linked to international accommodation travel agents and use a program designed for ease of use by agents and guests.

Post Covid, occupancy has been steadily increasing and is now back to pre-covid levels with good forward bookings for 2024. Post Covid, a number of accommodation businesses have closed and with State Highway 25A open again, tourism on the Coromandel is booming again.

Included is the owner’s 2 bedroom completely restored 100 year old villa including new kitchen (commercial quality) and large separate garage on a 3156 sq. m. section more or less. When extra family wish to stay, don't take bookings for that period and you have a 5 bedroom home each with their own ensuite.

Asking $1,275,000.plus GST if any.

Council's new CV is $1,400,000

Open in browser: https://www.youtube.com/watch?v=pvx252g5plk

For an information memorandum, firstly a confidentiality agreement needs to be completed that’s available from:

Darcy Snowden
Asking price: $1,275,000
Listed: Tue 19 Dec, 10:17 am
Darcy Snowden
Christopher Brown & Associates LTD
  • Contact details
  •  (021) 021941511
  •  (021) 021941511

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Darcy Snowden
  •  (021) 021941511
  •  (021) 021941511
Christopher Brown & Associates LTD

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