Rangatira Tavern, 26 Library Rd, Te Karaka, Gisborne
price TBC
3,663m2
220m2
Rangatira Tavern
Originally established in 1914 by Mr D. J. Barry, the Rangatira Hotel quickly became a focal point for the local community. The original two-storey building featured 33 guest bedrooms on the first floor, along with accommodation for the manager and staff. Lighting at the time was provided by an acetylene gas generator - a mark of modern innovation for its era. Tragically, the hotel was later destroyed by fire but was completely rebuilt in 2000 as the Rangatira Tavern. Since its reconstruction, the tavern has remained an important hub within the Te Karaka district, successfully operating under a Class One restaurant licence. After many years of ownership, the current owners are now offering the property for sale. The sale includes the land and buildings only, as all chattels are owned by the tenants. The existing lease has now expired. While the business itself is not included in the sale, the current tenants have expressed interest in negotiating a new lease with the incoming owner. For further information contact Philip Searle.
Rangatira Tavern, 26 Library Rd, Te Karaka, Gisborne
Web ID
GIC204411
Floor area
220m2
Land area
3,663m2
District rates
$6158.84pa
LV
$103,000
RV
$368,000
price TBC
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