Freehold Cafe & Bar Business For Sale
Pohangina Valley, Palmerston North, New Zealand

Discover the magic of a special place

"It was a million dollar view – so different, so beautiful. As the setting sun hit the ranges all the colours, like the reds and the oranges, provided this wonderful sight" --- Greg Drohan’s (owner) first view of the Pohangina Valley.

Greg’s impressions of the Pohangina Valley, just north of the university city of Palmerston North, were so strong that he went on to open The Waterford Cafe & Bar.

The Waterford has become the ideal place for locals to meet with friends over a Guinness and a plate of fine food. For many, the Pohangina Valley has become a dormitory suburb for Palmerston North. Other patrons include visitors to New Zealand who are perhaps visiting Massey University or the International Pacific College. For these visitors, The Waterford is a great place to dine, relax, and enjoy the tranquil rural setting with its spectacular valley and mountain views.

Spacious main bar with Irish decor

The magnificent location is further complemented by a large bush garden, complete with meandering stream with foot bridge and palm trees. In summer, family groups with children especially enjoy this garden area, and dining al fresco on the lawn.

Popular garden area with valley views

The Waterford is also a popular venue for weddings, birthday celebrations, business meetings and social gatherings. The garden is an ideal backdrop for wedding photographs and the cafe makes a great reception centre.

After 10 busy years, Greg Drohan has put his café and bar business on to the market. This property is presented to an exceptional standard with no expense being spared on fittings and fixtures. It is being offered as a going concern on a walk-in walk-out basis and would ideally suit a new owner wanting an established hospitality business.

Family oriented Cafe and Bar with a touch of Ireland in New Zealand

The Waterford is THE PLACE to relax with fine fare, personal and friendly service, and views of the beautiful Pohangina Valley.

A complete range of drinks

• Ice cold beers, local wines, spirits and liqueurs, even a pint of world famous Guinness.
• Coffee, teas, and non-alcoholic drinks.

Blackboard menu for delicious meals

• All Day Menu - Toasted sandwiches, chips, panini, Ploughmans plate.
• Lunch and Dinner - Hot chicken salad, Kilkenny fish and chips, Waterford platter.
• Wholesome Irish soda bread.

True Irish hospitality

• Cosy lounge area with log fire and Irish memorabilia around the walls.
• Rhythmic beat of Irish music from a local band.

Freehold property

The Waterford is located at Raumai, about 10 km up the Pohangina Valley from Ashhurst. The property (0.2832 hectare) was initially a 4-bedroom house, but this was reconfigured in 1997 to make the present Café and Bar.

The property comprises the present-day Café and Bar building (169 square metres), a garage workshop (79 square metres) and extensive gardens.

The main building is constructed on concrete ring and pile foundations, with timber framing, timber flooring, and an iron roof. The external cladding is fibrolite sheeting and windows are a mix of wooden and aluminium joinery. Interior walls are predominantly painted plasterboard and the kitchen is lined with Formica (for easy cleaning).

Well appointed bar with food servery on left hand side

The large bar area opens out to a sunny wooden deck with tables and umbrellas. Further seating is available throughout the grounds. There is a separate office, staff and customer toilets, stock storage room, and heaps of customer car parking.

Assets being sold

A list of all fittings, fixtures and chattels being sold with the business is available. Main items include:

Kitchen

• Double sink - stainless steel bench, fitted stainless steel bench, freestanding formica bench, shelving, pantry.
• Food display cabinet, commercial single door fridge, cold room (1.7 x 3.5 metre).
• 6-burner stainless gas hob/electric oven, microwave ovens (2), Backbar electric fryer (3) and fume extractor.
• Stainless dishwasher/glasswasher, Soeco Royal Cappuccino coffee machine, Cater Master panini machine, cooking equipment, cutlery, crockery.

Large commercial kitchen with island bench for food preparation

Bar

• Bar counter, bar fittings and dispensers, bar refrigerator, tables, chairs, stools, leaners.
• Floor coverings, light fittings.
• Beer keg store and dispensing system, glassware.

Day to day management

Business Hours:

Winter - 10.00 am to 11.00 pm.
Summer - Monday to Thursday - 10.00 am to 11.00 pm.
Summer - Friday and Saturday - 10.00 am to 12.00 pm.
Sundays - 10.00 am to 9.00 pm (Summer and Winter).

Staff:

The Waterford is operated by the owner with assistance from 6 staff. If required, the present owner is available to assist the new owner, by arrangement.

Licences:

Liquor Licence.
Managers Licence.
Preparation of Food Licence.

Advertising and Promotion:

The Waterford business advertises by roadside signage, a listing in Yellow Pages and advertisements on local radio. The business operates an informative web site http://www.thewaterford.co.nz with details about location and services available.

This is a very popular and hospitable Café and Bar and it enjoys a wide following with many loyal customers.

Call Greg on +64 6 326 8832 (day) or 027 222 7338 (anytime)

Pohangina and Palmerston North

The stunning Pohangina Valley is one of the most beautiful scenic areas in the Manawatu. The valley begins at Ashhurst and extends northwards along the base of the Ruahine Ranges for about 50 km. The Pohangina River meanders through the valley floor and the landscape is a blend of farmland and native bush.

The Waterford is 10 km from Ashhurst and Ashhurst is just 14 km from Palmerston North. The journey is an easy and relaxed 15-20 minutes by car. There are a number of tourist attractions close to The Waterford, including Spring Grove Farm Park, Pohangina Wetlands, and the Pohangina Valley Estate with award wining wines and an olive grove. Many tourists also come to The Waterford after visiting the wind farms that dot the Tararua mountain range between Palmerston North and Pohangina. There are 158 giant turbines, each producing enough electricty for up to 900 houses.

Nearby Palmerston North is New Zealand's sixth largest city with a population of over 78,000. It is an attractive, tree-lined, city with excellent shopping and serves as the commercial centre for the Manawatu Province. Palmerston North is famous for its many education and research institutions and, in particular, Massey University, Polytechnics, allied Teaching Centres, and Crown Research Institutes. The International Pacific College in Aokautere provides tertiary educational programmes for students from Pacific Rim countries.

Other Palmerston North features include the Esplanade and Rose Gardens, NZ Rugby Museum, the Manawatu Art Gallery, the Science Centre, the Manawatu Museum and the heated Lido Swimming Complex.

To find out more about Pohangina and Palmerston North, click on:

http://www.ashhurst.org/pohangina.htm
http://www.projectpohangina.org.nz/
http://pohanginapete.blogspot.com/2005_09_01_archive.html
http://www.pohangina.org/
http://www.manawatunz.co.nz/
http://palmy.net.nz/
http://en.wikipedia.org/wiki/Palmerston_North
http://www.pncc.govt.nz/