Hot Waves Cafe

8 Pye Place, Hot Water Beach

Asking Price NZD $1,300,000 + GST (if any)

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Hot Waves Cafe | 8 Pye Place, Hot Water Beach | 2200720 |      X Close

Hot Waves Cafe

Purpose built in 2003 this vibrant seaside cafe has a loyal following of local patrons along with the many visitors who flock to this area to visit the world famous hot pools, this superb venue not only hosts the annual Mercury Bay Art Escape attracting art enthusiasts New Zealand wide, but includes weddings, film crews and family celebrations in its long history of booked events.

The alfresco dining area provides a welcome relief from the hot Coromandel summers amongst the shade of the native gardens while the indoor dining offers seating for 60 with the open fire creating a cosy relaxed atmosphere over the winter period.

Situated in a prime location on the pathway to famous Hot Water Beach this stunning property sits on a 3500sqm site with the land buildings and car parking covering 3/4 of the site.

The remaining area provides a rare opportunity to build a residence with exceptional views across Hot Water Beach and out to Mercury Island.

The Coromandel Peninsula still continues to draw in tourists from within NZ and this business continues to show a steady increase in sales with current figures continuing on an upwards trajectory.

Despite the heavy tourist flow into the area there are relatively few services available and although the peak season is October through to May, the winter months also offer consistent trade as many food outlets close for three months over this period leaving the cafe to service all the locals and visitors to the area.

•Land 3500square metres / 180 Square metre building

•* Resource consent and license 8am-11pm 7 days a week

•Turnover 791k showing a healthy cash surplus / Price is plus stock

•Plus GST if any on land and buildings

The current owners have invested heavily into creating this successful business, however the time has come to retire, they are now ready to hand the property and business over to a new owner. The opportunity to purchase a successful business returning healthy revenue, this is the one. For Sale $1,300,000 + (GST if any).

8 Pye Place, Hot Water Beach

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