Boutique Hotel, Multiple Income Streams

Palmerston North

$650,000

Proposed Usage
Other Businesses for Sale
Description:
Property ID
1c0m496

Historic Hotels of this quality rarely come on the market, especially at this price.

Station Hotel, located in the beautiful rural town of Hunterville is one of these rare gems. The current owners have lovingly restored the interior of the Hotel to its original glory. You must see this property to appreciate its true beauty.

The Hotel offers multiple income streams as a business. These include the ground floor bar where all entertainment needs are covered with Sky Sport Live on the big screen, pool table, darts, Lion Foundation Gaming machines and a Juke box. The restaurant provides evening meals to diners.

Upstairs are seven stylish well appointed rooms, two with an ensuite, then there are four standard rooms in an annex with more of a backpacker feel, so something to suit everyone.

Outside is a wonderfully manicured garden and grassed area large enough for several marquees, that provide a destination venue for events, weddings, family gatherings etc. The current owner caters for these events with buffet style menus created in the well equipped commercial kitchen.

Surrounding attractions like the famous Rangatira Golf course and the nearby Rangitikei river are a real draw card for visitors.

This business would suit a couple wanting a real lifestyle business. With owners accommodation upstairs, this is a fantastic opportunity to cash up in the big city and move to rural New Zealand and start living the dream.

Price of Freehold going concern $650,000

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