We have a unique opportunity to purchase this 27 bedroom hotel, restaurant, and 3 bars right in the heart of Westport. Proudly located at 201 – 205 Palmerston Street, the Westport Hotel is for sale as a going concern, and it will be a fabulous investment for the right buyer. This is an amazing location in central Westport, there are a multitude of cafes and restaurants to choose from within easy walking distance.Included in the sale are: 27 separate Motel Units, a 2 bedroom Managers Residence (upstairs), Conference Room, Restaurant and a Bottle shop (fixed term rental income). The Restaurant seats 80 – 100 people, the Hotel caters for conferences, weddings, holiday goers and special events, it has a lovely garden area the hotel stayers can enjoy, and there are 3 bars on site, (a house bar, sports bar, and the conference bar).The Bottle Shop is currently rented out to Oasis Liquor, it is located directly on the corner of Palmerston and Fonblanque Streets with a drive through carpark. An impressive hotel in the heart of Westport, there is potential to add value and grow the business. The vendors have invested heavily in the property, bringing the buildings up to a 67% NBS Earthquake strengthening rating.If you’re always dreamed of owning a hotel, or you’re keen to invest in an important part of the towns tourism this is a great opportunity! You might like to run the hotel yourself, use a manager, be involved in the day to day, or take more of a high level approach, the choice is yours. Please contact Brodie French for more information about viewings, or for copies of documentation for this property.- More photos to come -
