Iconic Wakatu Hotel for Sale at 83 Collingwood Street, Nelson, New Zealand - Business Bar, dining, 18 gaming machines plus accommodation
Location High profile corner site
Opportunity A proven performer currently under management showing profits, an owner operator with vision will absolutely benefit this operation
A new lease will be put in place for the buyer of this proven business which has been trading in Nelson for many years.
The consistent gaming figures, high profit accommodation and the level of bar patronage are existing foundations to build the business further.
The dining room is currently leased out on a month-by-month basis which could continue or bring back into the Hotel fold and reap the profits.
Our Vendors are motivated to move and prepared to assist with Vendor finance for the right buyer, lease terms will be friendly to encourage operators and promote business success. This is a great opportunity so move quickly to be in for the high summer trading and peak cash-flow periods.