Country Pub Freehold Garston Hotel in Garston For Sale

Business description

Garston hotel for sale - garston - excellent location on state highway 6 - awaiting a buyer who sees the huge potential of this freehold business, lessee in place - could be a tourist gold mine! Property boarders the mataura river - flying fishing for brown trout - an angler's paradise!

GARSTON HOTEL for sale is an ART DECO COUNTRY PUB, fishing lodge and hotel is situated 45 minutes from Queenstown on State Highway 6 to Milford Sound and is set on approx. 5000m2 and consists of 12 rooms accommodating 23 guests in a mix of ensuite and shared facility rooms, restaurant, lounge, bar/cafe, with large open fire.

The accommodation configuration includes 2 double ensuites, 3 doubles, 3 twins, 3 singles, 4 person bunk room, plus other outbuildings that could be converted into further accommodation.

The Hotel has a one bedroom manager's unit within the complex, but could be extended to create a larger private living area.

The property borders the MATAURA RIVER which is thought of as one of the premium trout fishing rivers. THE MATAURA RIVER is characterised by long willow lined pools jointed by riffles. The fish size is 0.5 - 2 kg BROWN TROUT. A FLY FISHERMAN'S PARADISE.

This business has currently TWO CASH FLOW STREAMS, one being the tourist related bed and breakfast and restaurant business and the other being the strong local bar trade. Other income streams could include building a cafe/coffee day business and other retailing businesses catering for the 500,000 visitors who pass the door each year. This business is waiting for someone with passion, enthusiasm and attitude to increase the bottom line and maximise the full potential of this piece of real estate.

FEATURES

This property is ideally located to expand the operation into other uses to complement to existing operation as the town of Garston is situated perfectly for visitors to stop off on their travels for refreshments, tourist attractions including sheep shearing demonstrations, four wheel drives to the Nevis Valley.

The Kingston Flyer Train operates to Fairlight just 5 minutes up the road during the tourist season.

Price plus GST if any.

Property information

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Real Property Included