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Escape to Picton - Boutique Hotel, Restaurant & Bar

Picton, 33 Wellington Street

    • Price by Negotiation over $1,600,000 Plus GST (if any)

Property Information
Escape To Picton - Boutique Hotel, Restaurant & Bar freehold & business is offered to the market. Situated in the heart of Picton gateway to the Marlborough Sounds and just 20 minutes from the world renown Marlborough vineyards. It enjoys a unique setting which has been further enhanced by the $10 million waterfront upgrade which is adjacent this property. The present owner has created a luxurious guest experience rarely found in a boutique hotel offering three ensuite guest rooms, stylishly decorated and beautifully finished, each one has its own character. The stunning bar and restaurant provide fine New Zealand wines and locally sourced gourmet food. The presentation of this property can only be described as outstanding, no expense has been spared. A unique opportunity to own something very special on Pictons waterfront, renowned world wide, as a tourist destination. Live, Love, Luxuriate.... Prospective purchasers need to view to appreciate!!!
Business nameEscape to Picton
Business descriptionBoutique Hotel, Restaurant & Bar
Leased plantCoffee Machine& Grinder-on loan from CPR KMS Marketing/ Eftpos leased @$700-$800PA
Property TypeTourism/Motel/Hotel, Restaurant / Cafe, Accommodation
Licences and permitsFood & Liquor license, on premise, Bar Manager License, Health & Safety, Building Permit
Customer account / databaseyes-full database
Number of staff
Full time4-6 Hospitality 3
Part time4-6-Season/ Offpeak 1
Listing price details
Tangible assets $200000
Intangible assets $280000
Stock $$20,000 S.A.V
Total (plus GST if applicable) $$1.600,000 + S.A.V +GST
Other $(L&B) $1,100,000

Contact Details

36 High St
Picton, 7372
Office website

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