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POST BOY HOTEL - CENTRAL NELSON NELSONCentury 21 - Christchurch - Crest Realty Ltd - Licensed under the REAA 2008. Search our listings for property for sale in New Zealand
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50 GLOUCESTER STREET NELSON
 
 
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Property ID: CRT910
POST BOY HOTEL - CENTRAL NELSON
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50 Gloucester Street NELSON
FREEHOLD GOING CONCERN OR BUSINESS LEASE
Accommodation - Bar - Restaurant - 18 Pokies
Well presented and well located, the Post Boy Hotel (a Central Nelson City Landmark) presents an opportunity to purchase this classic licensed establishment.
On the ground floor are the bar, bistro style restaurant, well equipped kitchen and dining area, brand new 18 machine gaming room and manager's office plus an established beer garden. Upstairs accommodation provides for 11 guests in 8 room comprising 2 double bedrooms, 1 twin and 5 single rooms. One bedroom self contained flat serves as managers quarters.
This solid building has been the venue for many a good ale over the last 80 years. Refurbishment and renovations have been made to the value of at least $100,000 with new cooler room with new chillers installed. 2 lockup garages and 1 lockable storage unit included.
The hotel has an on/off license with operating hours of 7am - 3am seven days a week. Family owned since 1996 this offer is available for a new owner/operator or investor to advance the business further. The hotel enjoys a steady local trade and is one block from the CBD. Adjacent to a major supermarket and video outlet as well as fast food shops, industrial/retail centers and a residential area.
As a Free Hold going Concern this Hotel may be purchased at $1,000,000 or alternately the Vendors may consider leasing at $158,000 + GST (if any).  
PROPERTY DETAILS
PROPERTY TOOLS
Land Size 606 m2
Building Size 520 m2
Council Rates $4,285 per year
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Century 21 - Christchurch - Crest Realty Ltd - Licensed under the REAA 2008
95 Main South Road Sockburn
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T: 0508 421 421
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