Here is your chance to own a beautiful country hotel in Otago. A well-established business, extensively renovated with excellent income, very profitable with the potential for huge development opportunities.
The picturesque Royal Hotel in Naseby is very well known, not just locally but all across New Zealand.
Naseby is a must stop on the newly opened scenic highway that links Queenstown to Dunedin. It is a very popular winter and summer destination for many and with cycling, mountain biking, curling, tramping, running, walking and mini conferences - this little town has it all!
The Royal Hotel has been lovingly restored and extensively renovated, creating a great atmosphere and ambience.
The hard work has been done, a well-established and respected brand has been created, all systems, food control plans and rosters are in place. It is all set up and ready for the new owner to come in and take over.
There is a huge opportunity here to really grow this business and the potential to develop further on the separate block of land that is included in the purchase.
This can be sold as a going concern or just the hotel business by itself.
Hotel business, land and buildings and additional development land.
Price $2,450,000 + $25,000 stock + GST (if any)
Or as lease for $950,000 + stock (approx. $25,000) + GST (if any)
Phone Donna Harpur-Swain - 027 220 3368 or Greig Garthwaite - 027 726 3631 for more details.
For a confidential discussion, please complete our online confidentiality agreement.
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