Multi-Income Streams - Freehold Going Concern

391, High Street, Dannevirke, Tararua

Price On Application

Proposed Usage
Hotel & Leisure
Floor Area
1033.00 m²
Land Area
4429.00 m²
Description:
Property ID
1btdfjy

- Award winning Mangatera Hotel
- Top Performing Super Liquor outlet
- Popular bars, restaurant and conference / event facilities
- Well patronised accommodation wing
- 15 gaming machines and TAB entertainment

Superbly located on State Highway 2, this landmark Hotel and Super Liquor is a popular destination for locals and passing travellers. Profitable business with multiple income streams from accommodation, sport and lounge bars, restaurant, 15 gaming machines, TAB terminal, accommodation, conference facilities and highly performing liquor store. The complex includes large storage shed, three bedroom managers accommodation, security system, full commercial kitchen and laundry.

This freehold going concern has been well maintained and holds good growth potential. Attractive opportunity to take over a solidly performing business that will appeal to owner operators or investors alike.
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Dannevirke Area