Link Business

English Style Country Pub on Main Tourist Route

$595,000Canterbury Listing: #CS00163

About this business for sale in Canterbury

English Style Country Pub on Main Tourist Route

Silverstream Hotel in Kimbell is a fabulous and very popular country pub located on the South Island’s main tourist route. There is owner’s accommodation attached and also 2-3 guest rooms with shared facilities. The Hotel is for sale as a freehold going concern (business plus land and buildings) and is sited on approximately 2023m².

The current owners have owned the hotel for around 7 years, and over that time have transformed the hotel to resemble a typical English Country Pub with lots of character and charm. The walls of the bar and dining room are adorned with pictures and many interesting items depicting the history of the hotel and of the area. They have also developed a large attractive and sheltered beer garden which is popular all year round.

The well set up kitchen services the dining room and bar. Silverstream Hotel is well known for the great meals and hospitality, friendly service and very welcoming atmosphere. There is potential to build on this, if wanted by attracting more of the passing tourists.

The Dobson Motel is adjacent to the hotel, and also nearby is the Kimbell Garage and Art Gallery which displays and sells all types of NZ art and other various creations.

Kimbell, although being located on a busy highway is a picturesque and tranquil village. It is located just 10km from the bustling rural town of Fairlie and only 35km from Tekapo, enroute to Queenstown. The ski ground at Mt Dobson is approximately a 30 minute drive away. Also in the area is Lake Opuha which is very popular for fishing and boating, and there is good hunting in the area.

This could be a great business for those who enjoy the outdoors, like working with the public and who also might want to get more involved in tourism in order to grow the business further.

Christchurch & South Island
sally.everitt@linkbusiness.co.nz
+64 3 366 3394
+64 21 988 138

Sally Everitt

*Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.