Listing #:2455882469

Red Lion Inn

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Location: 45 Anzac Parade, City Centre, Wanganui, Manawatu / Wanganui
Property use: Hotel/Leis­ure
Floor area: 600m2
Land area: 1012m2
Viewing instructions: Enquires can be made to redlionfor­sale@gmail.com or enquire within hotel.
Rateable value (RV): $910,000
Price: Enquiries over $1,350,000
Property ID#: GPF668
Parking: Carpark at rear of property.
A truly iconic Whanganui landmark building and business is offered for sale.
The hotel has a long history of providing hospitality to the good folks of Whanganui having operated at this site since 1859.
Today the third incarnation of the building sits nestled at the bottom of Durie Hill, just across the city bridge that runs off the bottom of Victoria Ave, the main street of Whanganui.

The property’s location offers unparalleled views of the majestic Whanganui river and surrounds.
Inside the building contains a ground floor public bar and café, with a louvered roofed front courtyard off the cafe bar for year round enjoyment of the views.
On the first floor sits the restaurant, kitchen and function rooms.
Restaurant patrons are offered fine dining and the function rooms provide patrons the chance to hold meetings or enjoy a more intimate party or function.

The building has a truly welcoming and homely feel that is created from the very tasteful decorating within the building, producing an atmosphere like no other in the city.

Whanganui is experiencing a strong population growth with a booming housing market ensuring there have been many new arrivals to the city in recent times. The city has a real buzz about it and now is your chance to come and enjoy the experience for yourself in a business steeped in history.

Come and find out about the hidden gem that is Whanganui and invest in a business that has been successful for over a 160 years. It is awaiting a new owner to carry on the good work and enjoy the great people that frequent “The Red”.
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Enquiries over $1,350,000
Listed: Sat 21 Dec, 2:19 pm
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