Page 77 Advertisements Column 9

Press, 1 April 1989, Page 77

Hotels for Sale CHOICE SELECTION HOTELS AND TAVERNS SOLE AGENCIES CANTERBURY — Brand new to the market. Desirable leasehold hotel. Immaculately presented. Restaurant. bars, limited guest accommodation. , Compact with character. Rural location. Ideal starter. Asking $190,000 plus stock. ADJ. CHRISTCHURCH - Extremely desirable leasehold unit with superb location. Food and function potential. An early inquiry recommended as this hotel is extremely sought after. Asking $325,000 (neg.) plus stock. SOUTH CANTERBURY - Freehold and adjacent ski aeras. Upgraded hotel with food and accommodation potential. Excellent starter. Very little available so an early Inquiry recommended. Asking $230,000 plus stock. CHRISTCHURCH - Leasehold tavern with plenty of charm and atmosphere. Excellent lease negotiable. Three bars and no food. Good owners living. Good catchment. Asking $300,000 plus stock. WESTLAND - Situated on main highway in heavily developed and intensely farmed area. A picture of a hotel. Good lease. Good potential. Excellent starter. Asking $90,000 plus stock. NEW LISTING EXTRA SPECIAL OPPORTUNITY Just listed is this desirable leasehold hotel with an excellent main road location. Large catchment area. Good chattel value. T/O $960,000. Extremely competitive asking price of $250,000 plus stock for quick sale. SOUTH CANTERBURY LEASEHOLD SOLE AGENCIES Located on major highway in bustling rural township. New lease negotiable. Very tidy presentation with good chattels and plant. Accommodation, retail and bars with food potential. Turnover $685,000. Excellent buying at $250,000 plus stock. Also major highway and city location. Upgraded to a high standard, features food, retail and bars. Plenty left for next operator. Turnover SI.3M, good lease. Definitely worth considering at $450,000 plus stock. For details regarding these and our numerous other listings please Haise in confidence with the hotel specialist, Colin Jakeway, by phoning (03) 663-394 any time. SOUTH ISLAND MOTEL LI BROKERS HOTELS, TAVERNS, TAVERN with restaurant modern building, good returns, lease or freehold low in-going, vendor finance. Motor Inn main highway tourist resort centre, high standard, 82 units, restaurants, bar etc. Lease or freehold, vendor finance.

Suburban Motor Inn, freehold with land comprising highest standard, restaurant, bars and accommodation suubstantial T/O and position offers unlimited future prospects. Suburban tavern freehold, reasonably priced for T/O exceeding $l.l million and with land for further development in prime situation. City outskirts township centre, high profit hotel, freehold or lease vendor finance. City hotel, lease 20 years, building as new, good T/O plant and stock at val. only, approx $750,000 all in. The above plus comprehensive range to offer, leases and freeholds, hotels, taverns and motor inns including those on very substantial T/O’s and with vendors finance available on low in-going. RATHIE JAMES MREINZ, Hotel Brokers, 146 Manchester St. 799-596 a.h. 881-047. Investments FREEHOLD factory, adjacent to Birmingham Drive only $149,950. Excel. 2600 sq ft factory with 630 sq ft mezzanine floor plus 1150 sq ft sep. office block, ample carparking, great opportunity to invest in this thriving area, zoned industrial G. Ph. now, sole agent Linda Cole, 654954 anytime, D.J. Visser Ltd, MREINZ. MERIVALE, pvte sale, upstairs 2 bdrm unit, large lounge, neutral tonings throughout, private sunny courtyard, single garage, easy walk to Merivale Mall, on bus route, $79,000. Ph. 557-691. CITY THREE adjoining apartment houses on 2490 sq m with 2 street frontages, close to Latimer Square with a total return of $73,000 p.a. Although the total price is $375,000 vendor may sell them separately. For further details phone Warren Glass, Glera Real Estate, 517-155 a.h. 555-632, MREINZ. MERIVALE $104,000 TWO permanent material flats, one upstairs and one downstairs, returning $llO per week each, in excellent, condition, sunny, north facing, don’t miss this opportunity. Phone 555-707 any time, a.h. 559-548. RANGIORA $49,750 Two commercial buildings with pleasant yard situated close to main shopping centre, total area 168 sq m, permanent material buildings with a wide variety of uses. Phone Dorothy McLennan Rangiora 6158 a.h. Rga 5964. RANGIORA $90,000 COMMERCIAL 3 storey building plus large timber hall and silo situated close to main shopping centre building has over 1000 sq m at present used as design studio. Has many varied uses. Phone Harcourts, Rangiora 6158 a.h. Rangiora 5964. Wedding Anniversaries BOYD—SMITH: On April 10, 1939, at St Barnabas Church, Woodend, David Rex to Bernice Wilson (nee Smith). Messages to 78 Churchill Street, Kalkoura.” MAPPLEBECK, May and Bill: 28 Gayhurst Road, married April 2, 1934. Cpngratulations on your Emerajd Anniversary. Love from your family.