Southland Express Property Press Liftout

Lumsden Hotel, Business $215,000

6 Diana Street,, Lumsden, Southland

$215,000 Listing#: 4123327 Floor: 700.00 m2

Lumsden Hotel- 10 Room Accommodation, Bar Restaurant and Entertaining Area, Formal Restaurant, Garden Bar, Two Bedroom Owners Accommodation and an Office. Situated in the country village of Lumsden - 70 minutes from the tourist mecca of Queenstown. This business has been growing steadily over the last five years and well positioned for continued Queenstown growth and catering to the Tourists, Tour Companies and local people. It consists of 10 Room Accommodation upstairs with a Bar, Entertainment Area two Restaurants, kitchen, a cooler room, garden bar, Laundry, staff area, all on the ground floor. There is a two bedroom accommodation out the back suitable for a Manager/Owner to utilize. The upstairs accommodation has a country atmosphere with views over the local area. All rooms are double rooms with fridges, t.v.s and facilities for tea and coffee. They are serviced daily, priced from $80.00 per night for a double room. The Bar Restaurant offers a light menu and the formal restaurant Stock Pot and Barrel offers a full menu with Gourmet Pizzas with a European menu including local seafood. The food caters to a wide variety of clients and the chef and management are available to continue on. The hosts have created a lovely atmosphere with cow hide seating and hand picked ornaments to add character settings around the rooms with a lovely open fire. The building is also available to purchase along with two sections out the back and the business represents a significant opportunity for those looking to invest into a market which is positioned well for the growing tourist industry. Please inquire on the turnover which is substantially growing and it is a progressive business.The Owners are offering Vendor funding opportunities to the right Applicant. Agency Reference : LS2035

Property type: hotel/leisure
Listed on: 25 August 2020 06:00 p.m.
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Agency details
Todd & Co Realty

TODD & CO REALTY, LICENSED REAL ESTATE AGENT (REAA 2008)

Todd & Co Realty
46 Don Street, Invercargill, New Zealand

Agents

Virginia Fenton
[email protected]
03 218 7124
0274 477 360

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