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Freehold Tavern Business For Sale
Coalgate, Canterbury, New Zealand


Coalgate Tavern business Canterbury private sale by owner

Busy country Tavern, popular with locals

Turnover for past 12 months up 22%
Owner retiring from business life, b
e quick

"The Coalgate" is one of the best-presented country taverns in Canterbury

  • Bar, bottle store and bistro-restaurant with blackboard menu, ideal for functions and events
  • Extensive grounds, ample car parking, future development options
  • Located on inland scenic route SH 72, lots of travellers pass by each day
  • Loyal local clientele from Coalgate, Glentunnel, Homebush and Whitecliffs
  • Owner's residence plus two-room sleepout


Main bar and bistro with deck for outdoor seating

Coalgate is a fast developing farm and residential area. Fourty-five minutes to the east is Christchurch City. State Highway 72 (Inland Scenic Route) passes through Coalgate and leads to Mt Hutt - the South Island's leading ski field - and continues to Lake Tekapo, Mt Cook, Wanaka and Queenstown.

This is a popular area with lifestylers who want the rural good life while being in easy commuting distance of Christchurch.

In summer, the Coalgate Tavern is a popular destination for campers staying at the local camping grounds at Glentunnel and Whitecliffs. The Rakaia and Waimakariri rivers are 25 minutes away for jetboaters and fishermen. Glentunnel has a 18 hole golf course and Terrace Downs High Country Golf Resort is only 20 minutes away.

The Coalgate Tavern is a smart, well-run business that has come on to the market because the owner is retiring from business life. It is being offered as a going concern with excellent presentation and well-maintained plant and equipment. It would ideally suit a husband and wife partnership who want an established freehold business.

"The Coalgate" offers country hospitality at its best

The Tavern is presented in a sparkling condition and offers:

Bar services

  • On and Off Licence sales of beers, wines and spirits


Bar with pool table and gaming machines

The public bar has seating for 30 and additional standing spaces at leaners. There are 3 pokie machines for on-site gaming, a pool table, and there is a large outdoor seating area for warm summer days.

The bottle store has a large walk-in cooler.

Restaurant

  • The Tavern offers Bistro Meals on Thursday to Sunday nights (seven days a week over the holiday season)


Bistro seating area, complete with log fire

The restaurant area has a child’s play area and a logfire for winter warmth. There is seating for 88 diners at 22 tables and the restaurant is supported by a well-equipped kitchen.

Freehold premises

The owners are selling the freehold title to land (9260 square metres) and Tavern buildings in Coalgate. The property is adjacent to State Highway 72 and has a separate entrance from Bridge Street. It has an extensive car parking area (gravel surface) that can accommodate up to 100 cars.

The property comprises the Tavern building and attached owner's accommodation, and a separate 3-bay implement shed (about 100 square metres). The Tavern is constructed on a concrete floor with concrete block walls and an iron roof. There is a 2-room sleepout constructed of Hardiplank cladding (approximately 20 square metres) behind the Tavern.

Owner's residence
The owner's residence is attached to the Tavern building and is similarly constructed. It comprises a private 3-bedroom home with separate lounge, kitchen, bathroom with shower, toilet and includes all of the usual fittings. The residence opens out on to the lawn and garden and offers sheltered outdoor living.


Owner's residence with 3 bedrooms and indoor-outdoor living

Assets being sold

A complete list of all fittings, fixtures and chattels being sold is available to interested buyers. Main items include:

  • All Tavern fittings, bar equipment, furnishings
  • Kitchen refrigerators, cold rooms, ovens, dishwasher, grill, fryer station
  • Phone, fax, electronic cash registers, Eftpos terminal

Day to day management

Business Hours:
Permitted opening hours as per the Liquor Licence - 7.00 am to 3.00 am the following day. Actual opening hours will be at the discretion of the new owner.

Staff:
The Tavern is operated by the two proprietors with assistance from 8 casual staff.

Stock:
Wet and dry stock will total about $30,000.

Licences:
Liquor On-Licence.
Liquor Off-Licence
Licences Controller Qualification.

Call Malcolm on +64 3 318 2719

Coalgate and mid Canterbury

Coalgate, near the settlement of Glentunnel, took its name from the local deposits of coal in the Malvern Hills. From the 1950s, bentonite - a very fine clay used in oil drilling sites as a lubricant, and in boot polish, toothpaste and cosmetics - has been mined in the area.

Coalgate (population about 300) is about 45 minutes west from the outskirts of Christchurch. Many Coalgate residents, while enjoying the country life, commute to Christchurch each day. The camping grounds, beside the Selwyn River, are popular with Christchurch campers.

To find out more about Coalgate, click on:

http://www.selwyndistrict.co.nz/index.php?mod=towndata&townid=15
http://www.teara.govt.nz/Places/Canterbury/CanterburyPlaces/15/ENZ-Resources/Standard/3/en
http://www.selwyndistrict.co.nz/index.php?mod=townmap&townid=15
http://www.christchurchnz.net/
http://www.tourism.net.nz/new-zealand/about-new-zealand/regions/canterbury/regional-information.html
http://www.fishingmag.co.nz/trout-selwyn-river.htm



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