Martinborough Hotel, 10 Memorial Square, Martinborough

This two storey Colonial-style Hotel built in 1882 has been fully renovated and successfully operates as a thriving business as one of New Zealand's most well known and beautiful boutique hotels.

The hotel is in an idyllic location in the heart of Martinborough, a very special village some 50 minutes drive from Wellington the capital of New Zealand and within a short distance of more than a dozen premium local wineries.

The 16 suites are tastefully decorated to a high standard, with the nine elegant Verandah Rooms at the top of the grand flight of stairs and through the pretty courtyard just beyond the lobby there are the seven spacious Garden Rooms, furnished in a simple country style. All suites are lavishly furnished to suit the style of this grand old Hotel.

The Hotel attracts many passing tourists and is presently part of the highly successful marketing group known as Peppers, and enjoys a good mix of business evenly split between international travellers, local corporate groups and domestic travellers principally from the capital.

Peppers also cater for a profitable conference and wedding market in the grounds and the conference and function rooms, in addition there is a 90 seat restaurant, and public bar.
The food and beverage side of the business is presently leased to an independent operator providing a steady income stream. Operating seamlessly within the hotel itself it provides a high quality of food and service and attracts a good mix of both in-house guests and local business.

The Hotel is on two freehold titles with a total area of 3465 square meters (more or less) but there could be room for further development should the new owner purchase an adjoining vacant site at the rear of the property, this land is not part of the Hotel Owners property.

This is an easily operated business that could be run by the new owners taking over the whole operation-running the restaurant bar and accommodation business- or could remain as it is with the owners leasing out the restaurant and bar and receiving a rental figure from the leased premises.

The Hotel is a profitable business that still has room to grow and develop but presently provides the owners with an excellent income.

Further information on the business and the financial details can be made available upon a confidentiality agreement being signed.

The Hotel is for sale and includes land and buildings, plant and chattels, plus stock at valuation in addition to the purchase price.