Page 79 Advertisements Column 5

Press, 4 March 1989, Page 79

Hotels for Sale BOX’S BETTER BOOZERS Nelson Freehold Hotel. Prime location, ripe for further development. Substantial turnover. $875,000 plus stock. Southland. Substantial P.M. Freehold Tavern. Excellent accommodation. Turnover ■ in excess of $500,000 p.a. i Only $350,000. > Central Otago. Leasehold , Hotel, immaculate condition throughout. Long lease. Good buying at $140,000. North Otago Freehold Hotel. Main Highway. Tourist licensed. Immaculate throughout. Ideal for purchaser experienced in food. Only $195,000 0.n.0. l%va3For details contact Ted Box on 663-394 any’time. I SOUTH WJ ISLANDS JI MOTELuJfi BROKERS HOTEL IN PRIME LOCATION 1 'fi 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. HOTELS Buying, Selling, Leasing New Zealand wide Phone Keith Geary 790-246, a.h. 327-270 I One of the country’s most experienced hotel brokers. 1 HOTELS IDEAL starting unit in coun- . try town close to Christchurch. Potential for food/ takeaways. Sited on I'4 acres. Freehold price $240,000 plus stock (possible vendor 2nd mtg). For further details ph. John Bentley, 480-759 (any time). HOTELS/TAVERNS A vast selection currently . available, numerous of which are never advertised on vendors request. A very brief spattering of what’s available follows: CHRISTCHURCH — sought after location. Neg. 20 year lease. Three bars, food potential, tremendous charm and atmosphere. Seldom available. Asking price substantially reduced to $295,000 plus stock for quick sale. SOUTH CANTERBURY - Ideal starter unit. Substantially upgraded hotel on major road. Turnover relative to asking. Freehold. Asking $230,000 (neg) plus stock. STH CANTERBURY - Solid leasehold unit recently upgraded. Bars, food accom. Bistro, family licenced. Asking $195,000 plus stock. CENTRAL OTAGO - Two lifestyle taverns, both situated adjacent Alexandra. One freehold featuring local stone and good condition. Asking $140,000. The other leasehold, modern with food. Asking $75,000 plus stock. ADJ CHRISTCHURCH - Permanent material freehold Tavern. Has It all and exceptional presentation. Excellent chattels. Poten- ! tial remains. Operate or purchase as Investment to lease. Asking SI.4M. CHRISTCHURCH - Modern ■ permanent material substantial suburban Tavern. • Excellent food and bar operation. Retail potential untapped. Equity required, $300,000. For further information regarding all available property South Island wide, or a no obligation discussion regarding the Hotel industry, please ' phone the proven Hotel specialist Colin Jakeway on (03) 663-394, any time. SOUTH Wi ISLAND F fl MOTELUi BROKERS 1 LEASEHOLD HOTEL SOLE AGENCY ■ THRIVING West Coast Hotel In bustling township. New 15 year lease. Superb location with high exposure. Features bars and excellent accommodation. T/o $360,000. Excellent i buying at $140,000 plus stock. For further details please contact either Colin Jakeway or Ted Box on (03) 663-394 any time. SOUTH J ISLAND F fl MOTELUi BROKERS LIFESTYLE OPPORTUNITY WE are fortunately able to offer this West Coast Tavern on a main Highway. If you enjoy meeting people and like mixing business with pleasure get in contact with us now for further information. This Is too good an'opportunity to miss. CONTACT: ELDERS REAL ESTATE PH: GREYMOUTH (027) 4492 A.H. PH: WENDY FISHER (027) 80-044 Investments INDUSTRIAL garage complex for sale In Settlers Crescent, Ferrymead. 77 brand new units returning $115,500 per annum. Ph. 849-987.