Woodbourne Tavern And Motels In Renwick For Sale

Business description

A stunning example of a succesfull Tavern/Motel Business

This would have to be one of the best performing Tourism/Hospitality businesses available on the market today. The Tavern and Motels are in spotless, immaculate condition as are the outdoor entertaiment areas and landscaped carparking.

The vendors can be rightfully proud not only of the meticulous presentation of this property but also the outstanding financial performance which is continuing to grow at a spectacular rate in both sales and profit.

Income Streams
* Bars and Restaurant/Lounge Bar which are spacious, warm and welcoming
* Comfortable roomy Gaming Machine Room
* Excellent TAB facilities
* Substantial well stocked Bottlestore
* Six new motel units with awesome occupancy rates
* Resource consent for further 3 Motel units

Buildings and Improvements
* Main Tavern - Public & Lounge Bar, Gaming Room, Bottlestore, Motel Office,
Restaurant, Kitchen, Store rooms and Chillers, and owner's accommodation being
office, laundry and bathroom, three bedrooms & kitchen/dining room/lounge.
Outdoor courtyards and verandahs and canopies/BBQ - combined area total 920m2

* Motels - Six units built in 2007 - 3 blocks of two units each with Kitchinette,
dining/sitting room, bathroom and two bedrooms.

* Garage (43.8m2)and Store Shed & lean to (86.4m2) - total area 130.2m2

* Total Land area 4269m2

An oustanding opportunity for an astute investor/operator to purchase a gold plated freehold and lease the business for excellent returns or for an experienced hospitality operator to purchase a 20 year lease for $915,000 and reap the rewards.

The Vendors are moving on to a new venture and would prefer to sell the Freehold Going Concern. Recent valuations are available to qualified purchasers.
FHGC- $3.5 million plus SAV plus gst(if any)

For further information contact Hamish Young

Renwick is a small town in Marlborough, New Zealand, close to the south bank of the Wairau River. It is located on State Highway 6, 12 km west of Blenheim. Havelock is 31 km north. Highway 63 runs southwest from Renwick through the Wairau River valley.

Renwick has a variety of shops including a dairy, a supermarket, a baker, a butchers, a hairdressers, a tavern and a bar and brewery. Accommodation is available at Motels, B&Bs and a Backpacker Lodge.

Renwick is located in the centre of Marlborough's grape growing region. Sauvignon blanc is the variety usually associated with the area, and famous wineries such as Cloudy Bay and Forest Estate are in close proximity.

Property information

Real Estate:

Real Property Included