Coffeys - Tourism Property Brokers ltd. | LREA

30 years in business. 1984 - 2014

Full Resort Facilities - High Powered 28 Yr Lease

Methven

Reference: 1441

Business Lease $860,000

This Resort Hotel has 47 rooms, a Restaurant and Bar as well as three conference rooms to cater for groups of up to 450 delegates. Bus tours and weddings also feature in the income stream. Set on 1.2 hectares of landscaped land featuring three hot pools and a heated swimming pool, there is also room for expansion if required.

Constant refurbishment has resulted in the rooms featuring quality fittings and furnishings and it is almost completed. The restaurant caters for all the functions as well as the normal breakfast and dinner for guests as well as the locals.

Tourism, currently the country's highest earner makes it an ideal time to enter the hospitality industry and there is plenty of upside in this property. There has been discussions about opening hot pool in Methven and if this does happen, it will provide a huge all year round boost to the area. The time is right.

We would welcome your enquiry on the Business Lease at $860,000 of this Hotel for sale in Methven via our website or by phoning INKY STOVE on 0800 263339, DDI 03 550 0471 or 021 182 6940.

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