Railway Tavern Rakaia

Rakaia, Ashburton

By Negotiation

Proposed Usage
Other Businesses for Sale
Description:
Property ID
1bt2scj

With a commanding presence in Rakaia since 1873, the Railway Tavern is to be sold as a freehold going concern and it also commands respect in it's proven performance and bright future.
Occupying a large corner site on over 2500sqm of land the Railway Tavern is a classic two storey hospitality venue (over 700sqm in size) that is well patronised by locals and visitors alike. The principal cash generating area is the warm public bar with flat screen televisions, Sky TV, pool tables, juke box, dart boards and six gaming machines. Country style dining is popular as take-aways or in the dining room and outdoor courtyard with a total capacity of over 100 seats. Upstairs is the owner's living including a kitchen and living room plus some extra bedrooms (nine in total) with potential to configure guest accommodation in the future. Long term development could be an option due to the spare land area as bare sections are becoming scarce in Rakaia.
The Railway Tavern Rakaia shows healthy returns plus it is a well maintained and looked after building. In return it has looked after our young owners who are set up and ready to move on.
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