Otira Hotel And / Or Village For Sale

www.GlobalBX.com

Listing ID: 700120095

Listing Title: Otira Hotel And / Or Village For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=120095

Industry: Real Estate

Industry Segment: Other Real Estate

Country: New Zealand

State / Province:

Area

City: Canterbury

Asking Price Range: $500K - $1.0M

Gross Revenues: Seller Will Provide

Cash Flow: Seller Will Provide

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1900

Number of Employees: 1 - 3

Business Description:
Here's your chance to be Boss Hog and own the whole town! What a great opportunity here, Let your imagination go wild Approximately 20 Hectare, Lease Hold Land, owned by New Zealand Rail and the rent is just 10 cents a year, first right of refusal and one of the best lease agreements I have seen Back on the market due to time wasters, the sale may now include most of the town's chattels, including many houses and buildings which are mostly rented out and the town has a all year round population of around 40 residents. The bulk of this town could be yours for offers over $1 Million. With income from the houses, pub and cafe this could mean a great return on your investment. The Hotel for sale consists of: -Large Bar and Restaurant Area -Separate Cafe/ Store -Large Kitchen -Office/ Amenities etc -10 Guest Bedrooms -Guest Lounge upstairs -2 Bathroom Areas upstairs There is a large opportunity to increase the Cafe operation and attract travellers before they go over the pass heading to Canterbury and I use the Arthurs Pass Cafes as an example of what may be achieved.- With the great hunting and fishing and outdoor lifestyle, this could be the centre of a great eco tourism venture. If you're looking for a great lifestyle opportunities with a great future, then email or call me today, your Specialist Hospitality Business Broker, Kevin Johnson, 0800 HospoBroker



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