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Vulcan Hotel Loop Road ST BATHANS, Central Otago District

Sold on 2 Dec 2011
  • 4 Beds
  • 2 Baths
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House in ST BATHANS

ICONIC CENTRAL OTAGO LANDMARK

  • 4 Beds
  • 2 Baths

The Vulcan Hotel is an iconic Central Otago gold rush hotel dating back to the 1880's. Its colourful history mirrors the life of the gold miners that made up the population of St Bathans and indeed, of the Central Otago area during the gold rush years.

Currently operating as a licenced hotel, the Vulcan represents an opportunity for a new owner to not only operate the hotel for locals and visitors, but also to capture the wider market with business from the Otago Rail Trail network and tourism in general.

The buyer could purchase the Vulcan as a hotel, improve the accommodation, create a private residence, make a cafe and restaurant or turn it into a private retreat for guests and friends. The possibilities are endless.

The current licensee is on a short term lease and any new owner is free to negotiate a new lease agreement direct with the current lessee or take over the operation of the hotel themselves.

The current owners of the Vulcan will be selling the land and buildings (the freehold) only. The business is a separate entity and not included in the land sale.

DETAILS
Vulcan Hotel, St Bathans
Goldfields hotel circa 1880
Operating as licensed hotel and accommodation.
Restaurant, billiard room and bar
Four double bedrooms within the hotel
Bathrooms and toilets within the hotel
Separate three bedroom managers house at rear
Bathroom and kitchen within the managers house
Licensee arranges with local home owners to lease holiday properties for larger functions.
Several separate Titles
Total land area of all titles 1243 sqm

Full details available upon application to michael.tierney@raywhite.com

All inquiries must be made direct to Michael Tierney, Ray White Arrowtown on +64 27 442 1167 or email me at michael.tierney@raywhite.com

Property ID:

ARR20239

Bedrooms:

4

Bathrooms:

2