Listing #:1713308512

Historic Hurunui Hotel, Cafe & Campervan Park

Location: 1224 Karaka Road, Hawarden, Hurunui, Canterbury
Property use: Tourism
Floor area: 11,300m2
Land area: 11300m2
Price: Asking price $860,000 + GST (if any)
Property ID#: FWW518
Old World Charm, this famous & historic hotel could be yours!

The Hurunui Hotel is steeped in character and remains one of the most charming country pubs to be found in New Zealand.
This category 1 Heritage listed building has recently been structurally upgraded to 67% of the NBS code. The Hotel has been painted externally and the guest rooms have been painted and carpeted. The best option would be to buy the freehold, own and operate the business for 2-3 years and sell the business lease to recover a portion of your original investment with a potential ROI on the freehold investment of 10%.

What’s on offer:

• The hotel has 3 outdoor areas which include the wine garden, beer garden and street side café. The restaurant caters for 50 guests approx. for breakfast, lunch and dinner.

• The Guests rooms are located on the second floor and offer 3 double rooms, and 4 twin share single rooms. There are 2-shared bathrooms with shower, bath and toilet.

• The Campervan Park offers 10 powered sites and ample room for tent sites. The ablution block includes toilets, showers, accessible bathroom, kitchen and laundry facilities.

• The hotel guest rooms and campervan park are used for groups that are attending the Hurunui Village Function Centre for private functions and weddings overnight.

• Excellent shared parking spaces for hotel guest and functions ample space for coach groups.

• Land Area 1.130Ha, the property is currently vacant and estimated rental income for the hotel, café, function centre and campervan park would be $70,000 PA plus 100% of outgoings.

• Owners/Managers accommodation: Located on the second floor, unfurnished apartment with a large sunroom, double bedroom, lounge area, kitchenette and bathroom with shower and toilet.

There is also an option to buy the leasehold business interest with a 30-year lease.

For all enquires contact Brad Watts your Hospitality Specialist mob: 0212780 919 or email brad@tourismproperties.com

Agency reference #: 65403
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Asking price: $860,000 + GST (if any)
1224 Karaka Road, Hawarden, Hurunui, Canterbury
Asking price: $860,000 + GST (if any)
Listed: Fri 27 Jul, 2:37 pm
Brad Watts
TourismProperties.com, Licensed Agent (REAA 2008)
  • Contact details
  •  (021) 2780919

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Brad Watts
  •  (021) 2780919
TourismProperties.com, Licensed Agent (REAA 2008)
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Expires: Fri 21 Sep, 2:37 pm
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