Bayleys Real Estate Ltd
Residential
Commercial
Rural
Property Services
News and Editorial
Auctions

Thames Coast

772 Thames Coast Road, Thames Coast, Thames-Coromandel

Watchlist
Share
3D tour
2,829sqm Land area SQM
560sqm Floor area
3D tour
Video

Royal Oak Hotel. The heart and soul of Tapu


This highly patronised well-presented and refurbished coastal pub is a credit to the owners and is an ideal work-live business lifestyle opportunity. Leave the stress of city living behind and bring your business acumen to Tapu village on the scenic Thames Coast. Main road exposure (SH 25) to high summer traffic volumes, adjacency to an established camping ground and within easy distance of the main boat ramp to amazing snapper fishing grounds on the Firth of Thames.

The catch phrase only a Sunday drive away applies here with the State Highway 25 coastal scenic route attracting many drivers and riders from Auckland, Waikato, and Bay of Plenty regions throughout the year. Royal Oak Hotel is a popular stop off point for a rest and refreshments.
Also popular with the locals as a friendly pub with an excellent restaurant and very good chef. Includes a residential component, beautifully presented internal bar facilities, restaurant seating, well equipped kitchen, gorgeous outdoor concert ready beer garden, liquor shop, TAB betting terminal and gaming machines. This opportunity is set up and ready to go for an astute owner operator. A comprehensive chattels list is included, and a set of financial records related to the business operation is available upon application. (The latter is subject to signing a confidentiality deed) Average gross income over the last 3 years is consistent, and circa $500,000 per annum.

The Royal Oak Hotel is located at 772 Thames Coast Road (State Highway 25) in the heart of the small coastal village of Tapu. Tapu sits approximately 19KM north of Thames township via the picturesque Thames Coast highway with Coromandel township approximately 35KM further north.
The area has a beautiful scenic coastline, access to beaches, bush walks and river, and recreational fishing grounds on the Firth of Thames. Within easy driving distance of the amenities and infrastructure available in Thames township including the public hospital, library, shopping mall, supermarket, and Saturday markets.

For Sale by Negotiation
Dale Sholson

Dale Sholson


MH Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Business component


Multiple income streams - bar, restaurant, TAB, gaming machines, wholesale liquor, frozen bait

Condition


Extensive refurbishment, modern plant, long established going concern

Opportunity


Freehold hotel with residence/accommodation