Methven, South Island
The Lodge Hotel - Crossroads Restaurant and Bar
SOLD
Business Description
In the centre of the Mt Hutt ski village Methven, you will find The Lodge Hotel and Crossroads Restaurant & Bar which is attractively positioned on a prominent 2,256sqm corner site. The land, buildings and established businesses are for sale (as freehold going concern) which include 19 guest rooms, restaurant and bar, conference facility and managers/owners accommodation. This is an opportunity not to be missed.
Crossroads Restaurant & Bar is a relaxed, cosy environment enjoyed by locals and out of town visitors alike. The Lodge Hotel offers modern and spacious accommodation with all the requirements for a happy and comfortable stay. This opportunity could suit owner/operator living on-site or investor with management. The Lodge could be a strategic add-on property to a larger operation. An operator with existing supply relationships will only add value here.
Methven is just over an hour from Christchurch and its International airport, a location with a host of outdoor activities including Mt Hutt Ski Resort, voted New Zealand's best Ski Resort and the newly developed Opuke Thermal Pools & Spa complex soon to be completed located just minutes away. This development will cement Methven as a true year-round destination located so close to NZs second-largest city.
As some information is confidential, a confidentiality agreement will need to be completed prior to seeing the financial information.
For further information please visit: https://www.propertyfiles.co.nz/property/5516237
bayleys.co.nz/5516237
Business Summary
Key Investment Insights
1. Prime location in the centre of the Mt Hutt ski village, with a prominent corner site.
2. Freehold going concern, including land, buildings, and established businesses.
3. 19 guest rooms, restaurant and bar, conference facility, and manager/owner's accommodation.
4. Potential for owner/operator living on-site or investor with management.
5. Strategic add-on property for a larger operation.
6. Opportunity to add value with existing supply relationships.
7. Located just over an hour from Christchurch and its International airport.
8. Close proximity to Mt Hutt Ski Resort, voted New Zealand's best Ski Resort.
9. Development of Opuke Thermal Pools & Spa complex nearby, cementing Methven as a year-round destination.
10. Confidentiality agreement required for access to financial information.