Shopping - Souvenirs & N.Z. Gift Business For Sale
Rotorua New Zealand
Scholes Gallery
9 Tryon St. Whakarewarewa, Rotorua, New Zealand
Purchased and renamed to Scholes Gallery by Eric Scholes in 1962, the business is currently owned by Michael & Sue Scholes. Michael has been involved in the business since 1969 and feels it is now time to move on. There is plenty of opportunity for somebody with enthusiasm to further develop this shop. There has been a retail outlet within the building since 1934 and has only had four owners in all that time.
Situated across the road from the Park Heritage Hotel www.parkheritagerotorua.nz-hotels.com/ next door to Quest Rotorua www.questrotorua.co.nz and 100 metres from the entrance to the famous Whakarewarewa Thermal Village – www.whakarewarewa.com
To view the street location www.wises.co.nz
Products / Services
This business is a Rotorua icon catering for both international and domestic visitors as well as having a strong local following. The shop has established a reputation for selling quality NZ inspired gifts and delivering a high standard of service. A wide variety of products make up the stock; including the tourist collectable, clothing, greenstone, paua shell, Maori carving, glass and ceramics just to name a few.
This is a unique shop; from the unique exterior to the individual style and product displayed within a character building that make it stand out from other shopping experiences.
The exterior of the shop offers a unique eye catching frontage. Far removed from the average shop exterior. The building still retains all the characteristics of a 1930’s building.
The shop interior still has the high stud and panelled ceiling. The floors are either coloured washed concrete or polished native floorboards. The interior has had a recent redecorate with new counters and other shop fittings been added. Some of the existing display fixtures are collectable in their own right. This includes a colonial kauri table, large trunks and a wonderful curved glass cabinet. This all adds to the atmosphere of the interior.
The retail space is 196m2 and storage of 35m2. The storage includes the original kitchen, office and toilet. It also has a 33m2 veranda area which can be used to display products, signs etc.
The Land & Buildings are also available to purchase in addition to the business
Land & Buildings:
Freehold tenure. Total holding is 623m2. Zoning: Resort C Building: Front portion is the shop/storage area as detailed above.
There is a residential apartment attached to the rear. Currently rented at $150pw. This could be the new owners accommodation. The apartment is in two floors. The ground floor is 39m2 and consists of one large double bedroom, bathroom, separate toilet and laundry. The first floor of another 39m2 consists of lounge and dining room and separate kitchen area.
There is also an unlined lean-to area adjoining the apartment of 21.57m2. This could be converted into another bedroom. The apartment overlooks a north facing cobbled courtyard. The upstairs lounge and dining areas is also north facing with plenty of windows ensuring sunlight and even a glimpse of Lake Rotorua and Mokoia Island. The south side faces across the steamy geothermal fields of Whakarewarewa and the forest. There is also a double garage one of which is used by the tenant of the apartment.
There is a single concrete driveway down the left hand side of the building accessing the garages at the rear and a pathway down the right side into the cobbled courtyard.
Plant and equipment being sold
Two natural gas heaters, two electronic cash registers, numerous counters and display units, plus all relevant equipment to run the business. This is a turn key business with the currant owners happy to help new owners if required. The stock and supplier list is computer controlled so all stock can be identified showing source and cost price, sales history, quantity in stock etc.
Last year Tryon Street had a major refurbishment with extra parking, gardens, underground services and a new entrance sculpture planned.
Day to Day Management
Staff: Owner and part time staff available for the weekends and weekdays as required
Hours of Operation: 9am to 5.30pm in the winter and then 9am to 6pm during the summer months. Seven days a week.
Stock: Approx. $108,000 + GST if any. The asking price is also plus GST if any.
Call Michael Now on +64 7 3482219 (Monday to Friday 9am to 5.30pm)
Or Phone 027-4915011 ( Anytime) or
email: michael@scholesgallery.co.nz
About Rotorua
Rotorua is one of the prime tourist destinations in New Zealand; with a population of around 70,000 it reflects both Maori Culture and the geothermal wonderland. There are over 10 lakes within close proximity making water sports and fishing very accessible. Ski fields are around 2 hours south, the coast 1 hour to some of New Zealand’s best beaches. We are also home to some of the best mountain biking tracks in New Zealand and Rotorua is about to host the World Mountain Biking Championships in August. Many other outdoor activities are also available.
You can achieve a wonderful lifestyle in Rotorua.
Live, Work, Invest and do business where the rest of the world comes to play!
Rotorua has a wide and varied range of residential real estate options from the $1 million dollar plus lake side proprieties to an excellent variety of three bedroom homes in great suburban locations for around $150,000
Rotorua's residential property market has always shown steady. Properties represent very competitive buying with the median house price in Rotorua between $170,000 - $180,000 for a three-bedroom home on an 800 -900 square metre section.
There is also the opportunity to purchase reasonably new homes in desirable subdivision areas for around the $290,000 - $380,000 price bracket.
With more than 80 motels to choose from Rotorua has enough motels to cater for every style and budget.
Currently we have 12 hotels and a new one being built. They range from 4-star with international chains to historic boutique style plus city, thermal, lakeside and budget options.
www.rotoruanz.com
www.eventvenues.co.nz
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