Want to Live in your own Pub

Rakaia, Ashburton

By Negotiation

Proposed Usage
Tourism & Hospitality
Description:
Property ID
1c3yh3x

Freehold Country Pub

Must Sell!!!

This is a stunning location with considerable potential. It is now offered for sale due to the vendor’s changing circumstances, representing great buying for the Investor.

Situated in a prime and prominent commercial position, less than an hour south of Christchurch, this Country Hotel (FHGC) is set among a large residential area, ensuring a steady flow of local customers for this family friendly pub.

Located on a major tourist route, there is also a regular flow of tourists throughout the year.

There are several bar areas, a generous outdoor space, separate dining room, TAB, gaming machines and a bottle store.

Upstairs there is spacious owner/manager accommodation and 9 guest rooms, for which there is good demand.

There is a live entertainment area, a jukebox, two log burners and a pellet fire.

This welcoming establishment has been trading since 1872, it performs well with strong and consistent turnover, that continues to trend upward.

The pub is run by a husband and wife team along with 2 full-time and 3 part-time staff members. The team are an asset to the owners, enabling them to take time out when required.

On offer here, and included in the price, is the freehold going concern with approx. 700sqm of building, situated on approx. 3126sqm of land – there is potential to subdivide.

Today’s very best lifestyle option!!!

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