Listing #:4784869052

South Cantrbury Landmark Hotel

Accommodation and Restaurant
Location: Waimate, Canterbury
Built in 1916, and extensively restored some years ago sits an outstanding opportunity for a hospitality loving individual or couple.

Currently, the business is only operated as a restaurant and bar from 4pm, Wednesday to Sunday each week. Already viable operating within these hours, the possibilities to expand and prosper are genuine.

The current owner has operated here for over 10 years. With a young family, and a business to build outside of Hospitality - the time is right to hand over this country gem of a business.

Very low overheads, an attractive lease and rock solid reviews mean that this is a genuine opportunity to get started for very little capital, and even less risk.

Accommodation consists of FIVE rooms generating good income, whilst the restaurant performs well in the evenings.

The current owner can no longer provide the time and dedication that the Studholme Hotel deserves, and will negotiate a package that will offer an enthusiastic buyer with a very appealing 'turn-key' package.

There is genuine demand for lunches, increased functions (weddings, birthdays etc) for the new owner to secure and fulfill.

The current lease is through to mid-2026, with a 5 year right of renewal following.

Price is for the 'turn-key' operation, with solid goodwill and an outstanding opportunity to prosper immediately.

If you want to make your mark in hospitality - here is your opportunity!
Price on application
Listed: Fri 28 Jun, 12:44 pm
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Member since Nov 2023

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Expires: Fri 19 Jul, 12:44 pm
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