Comercial
The Old Royal Hotel building is For Sale in Thames, Coromandel Peninsula, NZ. The old Royal Hotel, Thames, is an icon of Thames' gold-mining past and stands at the gateway to the Coromandel Peninsula, one of New Zealand's most popular tourist areas. Built in 1904 to the highest standards in solid kauri, the ca. 1,000 m2 Royal Hotel building occupies a corner site in a quiet part of Thames, close to Victoria Park and the waterfront. To the delight of a supportive Council and neighbours, the building has been lovingly renovated under Architect supervision, preserving its superb character while incorporating contemporary standards. Rewired, restored and repainted, The Royal now awaits its new destiny. The Hotel features beautiful woodwork throughout and soaring ceilings. There is a sweeping porch on the ground floor, mirrored by a gracious verandah on the upper floor. A landscaped courtyard at the rear of the building offers further restful space. Resource consent has been granted for accommodation purposes. The developer's plans are available (included in the asking price) for a complete fit-out comprising:* A Boutique Hotel or Lodge with grand Reception and Office, plus 10 large ensuite rooms, many giving onto the upstairs verandah. One enormous room incorporates a kitchenette and is suitable for longer-term occupancy. There is little competition in the area for this sort of accommodation. * A Restaurant/Cafe with commercial kitchen, offering table seating for approximately 50 guests plus a very comfortable lounge area. This restaurant could be operated by the Hotel owner or leased out to a restauranteur. Thames is not overly supplied with quality restaurants. * A separate Tenancy, ideal for professional offices providing regular income - and patronage to the restaurant. * An Owner/Manager Apartment. The hotel is of a size that can be managed by a couple plus staff and the apartment design reflects that. There is on-site parking for 5 vehicles; provision to convert the street parking to angle parking for a further 7 vehicles (Resource Consent exists), and ample on-street parking in the area. The existing plans for a boutique hotel represent only one potential future for the Royal Hotel. It could equally be designed as a Rest Home, Commercial offices, Respite centre or self-contained apartments. The buyer will choose! A commercial operation will see an immediate GST claw-back of 12.5% of the purchase price: which could go a long way towards taking the Royal to the standard desired by the new owner. The Royal Hotel Thames would appear to be especially attractive to migrant entrepreneurs under the new rules, offering the right level of investment and job-creation. Professional advice should be sought. The potential revenue from the Royal Hotel as proposed is very exciting and the complex offers its new owners a gracious apartment home; a potentially exciting and profitable business; the Coromandel lifestyle on the doorstep; and great prospects for capital gain. About Thames: Thames is an historic town situated between the calm waters of the Firth of Thames and the majestic ranges of the Coromandel. It is another world: but just 1 hour 20 minutes from Auckland International Airport - or less, when the $50 million replacement for the Kopu Bridge is completed. The major towns of Tauranga and Hamilton are an hour and a bit away. Thames offers many attractions: browsing through the numerous and varied speciality shops, a colourful gold-mining history, beautiful forests and coastlines. Thames is a great base from which to visit the Coromandel Peninsula. Most places on the Coromandel are within 1 to 1.5 hours drive from the town. The Kauaeranga Valley lies in the hills just behind Thames and offers extensive walking tracks and camping opportunities as well as some of the more adventurous activities that the Peninsula has to offer. The Thames Coast, a beautiful stretch of scenic coastline just north of Thames, also offers a variety of activities and is famed for its fishing. The population of approx 7,500 is well serviced by a large supermarket, air conditioned shopping mall, many large chain stores and well as boutique shops - and 5 cinemas. There is a good trade/service sector, strong industrial group, commercial centre, hospital and medical centre supporting Thames and the larger Coromandel region. The Government has just spent $20 million on a new hospital in Thames - the base hospital for this part of the Waikato. The influx of skilled staff has produced a residential accommodation shortage. Thames boasts many pre-school/childcare facilities, several primary schools, a high school, as well as tertiary courses and continuing education programmes. There are also hundreds of sports groups, clubs, organisations, service groups, arts & crafts, gardens and outdoor activities available. Key selling points: Character Potential Quality renovation Position. http://www.arkadia.com/zpoc-t118026/