This is an exciting opportunity to purchase freehold land and buildings, from which an established local business operates in the heart of Renwick’s township, on its own, or in combination with the Cork and Keg pub and motel business.
Historically established as a craft brewery in the 1980’s, the property was further developed in 1990’s to include a pub/restaurant with the manager’s accommodation above, and with further three-unit motel building added in 2016.
The property is positioned in the heart of Marlborough's wine country, handy to the Blenheim Airport and easily accessible from State Highway 6.
To complement the pub, the motel units each offer a modern studio with a kitchenette and separate bathroom. One unit is also wheelchair friendly. In addition to the motel units, there is a sunny apartment on the floor above the pub with a lounge, kitchen, laundry, bathroom and two double bedrooms. This apartment would work well as an onsite owner accommodation or a two-bedroom motel unit. The storage facility (former brewery building) sits alongside the main building, comprising a storeroom, chiller, toilet, laundrette and office with a full video security system installed on the premises. There is ample sealed off-street parking for guests, patrons and staff.
The existing lease with the business has 14 years remaining. The land and buildings can be purchased as a tenanted investment or in combination with Cork and Keg business, which is on a market at the same time.
For further information, please contact one of the listing agents today.
