Listing #:1673342922

New Commercial Hotel Stratford. Lease or FGC.

Location: 339 Broadway, Stratford, Taranaki
Property use: Hotel/Leis­ure
Floor area: 597m2
Land area: 597m2
Price: Asking price $795,000
Where do we start?
This wonderful hotel business has been trading in Stratford for many years, and is arguably in its best condition ever! Both physically and financially.
The options available are either the lease or the Freehold Going Concern.
Ian and Judith have been the ultimate proprietors, taking the hotel to new heights.
The business boasts 5 income streams, bar, TAB, restaurant, 12 rooms for accommodation plus 9 gaming machines.
The owners have carried out some excellent maintenance over the past few years including painting the roof and double glazing of the windows.
The commercial kitchen is fantastic, well set out and light, great work spaces and equipped for catering and meals.
The turnover continues to grow, and the figures will prove this is an excellent business showing very solid returns over a long period.
Very comfortable mangers quarters, pleasant restaurant area and welcoming bar make this an enviable hotel operation.
FGC $785,000 plus GST if any and SAV.
Lease $295,000 plus GST if any and SAV.
For a information memorandum and appointment to discuss, call today.

Agency reference #: STC01657
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Asking price: $795,000
339 Broadway, Stratford, Stratford, Taranaki
Asking price: $795,000
Listed: Thu 21 Jun, 9:25 am
Kevin Hight
McDonald Real Estate Ltd , (Licensed: REAA 2008)
  • Contact details
  •  (06) 7573083
  •  (021) 746371

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Agent's details

Kevin Hight
  •  (06) 7573083
  •  (021) 746371
McDonald Real Estate Ltd , (Licensed: REAA 2008)
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Expires: Thu 13 Dec, 12:50 pm
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