'Carlton Hotel' - freehold going concern


66 Stafford Street, Timaru

Asking Price NZD $850,000 + GST (if any)

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'Carlton Hotel' - freehold going concern | 66 Stafford Street, Timaru | 5516593 |      X Close
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'Carlton Hotel' - freehold going concern


After 35 years of ownership this historic hotel is looking for its new owner. Situated on the main street in central Timaru the 'Carlton Hotel' offers, public and lounge bars, accommodation rental and owners accommodation. With the opportunity to increase the current trade with gaming machines, off licence and further enhancements.

Accommodation upstairs, includes eleven rooms currently rented out (seven single and four double) and a three bedroom, two bathroom owners flat. The accommodation rental business provides regular income with long and short term guest stays.

The Hotel is situated on approximately 1,012sqm freehold section, with off-street parking at rear of the building. Recent property maintenance includes roof replacement and aluminium joinery.

The thriving town of Timaru provides plenty of opportunities, with major developments occurring close by on Stafford Street and around the town. With low unemployment levels and with a number of staff looking for accommodation for seasonal work.

The opportunity to buy the freehold property and established business with an impressive list of chattels included in the sale.

Contact the agent for further details or inspection.

Mark Parry

Timaru

Licensed under the REA Act 2008

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66 Stafford Street, Timaru

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Mark Parry

Timaru

Licensed under the REA Act 2008

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