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Freehold only or in combination with the business

33 Inkerman Street, Renwick

Investment Opportunities
dollar

Negotiation

Floor area
390m2
Land area
1505m2
Title type
Freehold
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Property details

Listing # 4136414 | Listed on 20 December 2024

This is an exciting opportunity to purchase freehold land and buildings, from which an established local business operates in the heart of Renwicks township, on its own, or in combination with the Cork and Keg pub and motel business.
Historically established as a craft brewery in the 1980s, the property was further developed in 1990s to include a pub/restaurant with the managers 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 an office. 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.

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