Southland Express Property Press Liftout

Lumsden Hotel (The Building)

6 Diana Street, Lumsden, Southland

535,000 Listing#: 4125835 Land: 969.00 m2 Floor: 700.00 m2

Lumsden Hotel The Building $320,000 Plus gst if any 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 an Indoor 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 two en-suites and a master bathroom. They come with all the facilities and serviced daily, priced from $80.00 per night. Building and Business can be bought separately. 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 Business Is $215,00 plus gst if any and the Building $320,000 plus gst if any Agency Reference : LS2047

Property type: other
Listed on: 23 September 2020 11:00 a.m.
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Agency details
Todd & Co Realty


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


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

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