Page 83 Advertisements Column 11

Press, 25 February 1989, Page 83

Hotels for Sale BUSINESS opportunity for couple. $75,000 w.i.w.o. will get you a leasehold tavern In popular West Coast holiday resort, t/o $4OOO p.w. Rent $2OO p.w. Good lease, Accountants figures available. J. K. McNeill, MREINZ, 486252 anytime. COUNTRY freehold hotel, handy Lincoln College, excellent turnover and nett profit makes this an ideal family unit. Substantial vendor finance. Asking $1.15m Ph. Chris White. a.h. 479-345, Challenge 526-185, MREINZ. HOTEL, $BOO,OOO 0.n.0. Leading Sth Island Hotel turnover $34,000 p.w. leased 14 yrs. Review 2 yrly $134,000 nett annual return. Ph. Packard Real Estate, Ltd. MREINZ, 429-888 Crawford. BLENHEIM HOTEL LEASE $390,000. Exceellent hotel premises in the heart of town. Accommodation: 54 beds, 28 rooms plus private accommodation. Dining: Seats 72-90 people. Bars: Public, lounge and guests. Lease: Long term. The hotel is In very good order both Inside and out with very good plant and chattels. Genuine sellers. Good turnover to substantiate price. TAVERN LEASE ONE of the top draught beer outlets In the Nelson/Marlborough area. Chattels and plant In as new condition. Very good accommodation. Twenty year lease. Turnover $1,000,000. Contact John Davis for confidential information. COLONIAL REAL ESTATE MREINZ 84 MARKET STREET AND REDWOOD VILLAGE BLENHEIM Ph. (057 ) 80-888 A.H. JOHN DAVIS (057) 89-807 BOX’S BARGAIN BOOZERS FREEHOLD tavern, South Canterbury main highway location, asking price $230,000, negotiable. FREEHOLD hotel, North Otago. Substantial permanent material building, immaculate throughout, main highway location, tourist house licenced opportunity here only $195,000. LEASEHOLD hotel, South Canterbury. This popular unit is sited on 10 acres of excellent land, ideal for many uses. Features include excellent guest and dining facilities, sheltered lawn and barbecue areas, attractive low maintenance permanent material building. For definite sale at only $135,000. LEASEHOLD hotel, Port Chalmers. Features include attractive permanent material historic building, steady trade in both bar and accommodation areas, excellent guest and owners accommodation. Enormous food and entertainment potential. Look only $70,000. For details phone Ted Box 663-394 any time SOUTH J ISLAND F « MOTELUM . BROKERS CHRISTCHURCH EXCELLENT OPPORTUNITIES CITY. Buy of the year!! City Hotel upgraded to excellent level, excellent chattels. Offers restaurant, bars and budget accommodation of good standard. $150,000 equity will purchase, freehold with balance financed on Ist and 2nd mortgage. Leasehold also available. Enquire now. Potential Plus. SUBURBAN. Extremely desirable and sought after leasehold property with atmosphere and charm. Newly listed sole agency. High gross profit and low overheads. Food potential. Asking $320,000 plus stock. Be quick. SUBURBAN. Extremely well presented and modern leasehold complex. Excellent restaurant and bar concept with all other areas also trading strongly. Just listed. Sole agency. T/O approx. sl.3m. P.O.A. Christchurch property of such a good standard Is rarely listed, and when listed, doesn't last long. A prompt enquiry Is recommended to the vendors’ broker Colin Jakeway by telephoning (03) 663-394 anytime. SOUTH ■'J ISLAND Fffl MOTELU2I -BROKERS HOTEL FREEHOLD $240,000 PLUS STOCK IDEAL starter unit In country town close to Christchurch. Potential for food/takeaways sited on IM acres. Possible vendor 2nd mortgage. These hotels don’t last long. Further details phone John Bentley 480-759 (anytime). Sole agents. HOTEL JUST LISTED IN PRIME LOCATION Ito HOURS FROM CITY CENTRE This substantial hotel has all year round patronage showing exceptional turnover and returns, yet it has been priced very fairly to sell. If you are considering worthwhile investments then please phone Geoff Wilson, any time, for an appointment to discuss all details. 85U024.