Napier is world famous as the Art Deco City with many buildings in the nouveau styles of the 1930's.
Napier is also the 'jewel in the crown' of Hawke's Bay Wine Country with many distinguished wineries close to the city. This area of Hawkes Bay has become a favourite destination for both New Zealand and International visitors who come for Festivals, the Art Deco buildings and to enjoy local wines.
The Royal Tavern is a historic character building in central Napier with solid timber construction, an upstairs balcony and other period features expected of a prestigious hotel dating back to the pre-war years. In keeping with the period, it has a large off-street car park at the rear.
Freehold title includes Tavern building and rear car park
If you are looking for a freehold going concern business with a solid trading history, consider what The Royal Tavern has to offer:
- Good staff and a steady and loyal clientele
- Turnover close to $500,000 annually with net profit 17% of sales
- A self-contained apartment for the owner
- Mediterranean-style climate for year-round living
The Royal Tavern is located on the corner of Carlyle Street and Chaucer Road in central Napier. This is a prime corner site on one of Napier's main roads. Carlyle Street skirts the base of Hospital Hill and carries much of the traffic from the north (Napier Airport, Port of Napier, and suburban Westshore) and the southwest (suburban Taradale) to and from the City Centre.
The Royal Tavern is being offered for sale for the first time in 12 years. This hospitality business is presented in excellent order with well-maintained buildings and fully operational plant.
Multiple revenue streams
The Royal Tavern provides bar, gaming and accommodation services.
Public Bar
- On and off licence sales of beers, wines and spirits
Public bar with pool tables and wide screen television
Gaming Room
- Well equipped gaming room, licensed for 18 machines. Additional revenue comes from coin-operated pool tables.
Popular gaming room
Accommodation
- The Tavern provides 6 accommodation rooms upstairs, complete with ablution and toilet facilities
Freehold premises
The Royal Tavern is located at 147 Carlyle Street and comprises freehold title to 1324 square metres of land and a substantial hotel building (780 square metres over two levels). This property is zoned Commercial.
The Tavern is a two-storey timber framed building with timber floors, timber cladding, wooden joinery and an iron roof. The whole exterior of the building is painted in clean bright colours and is easily visible to passing traffic.
The downstairs area provides Bar and Gaming while the upstairs area has accommodation and bathrooms. Interior walls throughout the Tavern are painted. There is a separate office, separate staff toilet and ample storage space.
There are 30 off-street car parks at the rear of the Tavern.
Generous car parking area at the rear of the Tavern
While the present details are for the sale of a freehold going concern, the owner may consider a leasehold arrangement for a suitable buyer of the business.
Owner's Accommodation:
The business provides a self-contained apartment with two bedrooms, kitchen, lounge and bathroom.
Assets being sold
A complete list of assets being sold is available to interested buyers.
Day to day management at The Royal Tavern
Business Hours:
Monday to Sunday trading.
Staff:
The Royal Tavern is operated by the owner with assistance from three staff. If required, the present owner is prepared to assist the new owner, terms by arrangement.
Stock:
Stock will comprise mainly alcohol supplies and will total about $8000.
Advertising and Promotion:
The Royal Tavern advertises primarily through building signage and through word of mouth recommendations. The Tavern is a local landmark and enjoys a steady and loyal clientele.
Art Deco Napier
With a Mediterranean climate and nestled idyllically on a superb coastal position, Napier is the heart of one of the country’s premier wine-producing regions - the Hawkes Bay.
Napier and neighbouring towns were devastated by a major earthquake and fire in 1931. The city was rebuilt in a period regarded as the peak of the Art Deco era. Today, Napier is unique with buildings in all of the main Art Deco styles of the 1930s - Stripped Classical, Spanish Mission, and above all Art Deco. Visitors come from near and far to enjoy Art Deco Shopping, Art Deco walks, and Art Deco Weekends that are offered by both Napier and nearby Hastings.
Marine Parade is another of Napier's highlights with its large Norfolk pines, pebble beach, statues, gardens and amusements. Other features include Marineland - New Zealand’s only marine zoo and wildlife centre - and the National Aquarium of New Zealand.
Napier is also the northern gateway to the rich and diverse Hawke's Bay with its emphasis on agriculture, horticulture and outstanding wines. Hawke's Bay is one of New Zealand's warmest regions with summer temperatures (November-April) ranging from 20 to 35 degrees C and mild winters (June-September) averaging 15 degrees C. Visitors come for a day, and they stay on to explore the region and its vineyards and Tourist Trails.
To find out more about Napier, click on:
http://www.napier.govt.nz/
http://en.wikipedia.org/wiki/Napier,_New_Zealand
http://www.hawkesbaynz.com/
http://www.hb.co.nz/index.htm
http://www.creativenapier.org.nz/
http://www.hawkesbaywines.com/
http://www.marineland.co.nz/
http://www.nationalaquarium.co.nz/
http://www.napier.nzgolf.net/
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