Inner City Wellington Bed and Breakfast

20 Talavera Terrace , Kelburn , Wellington City
$1,290,000
Listed: 06 Dec | Ref: SHM384

Commercial

Property Description

Wellington's busiest boutique B&B
www.lambtonheights.co.nz

Lambton Heights has a 4 star plus Qualmark rating. Two minutes walk from the cable car and within easy walking distance to Victoria University, botanic gardens, central business district,and waterfront.

Lambton Heights is a large four bedroomed Edwardian house. It features polished native matai floor-boards, lead-light windows and open fire places with native rimu timber surrounds. It has a formal dining room, formal lounge, office/family room and a large, newly modernised kitchen. There are four modern bathrooms.

Lambton Heights has two large double guest rooms with purpose built en-suites. They have Sky T.V., a mini-bar and WiFi. Rooms can be configured as super-king doubles or twins, depending on visitor needs. The rooms command views of the city and harbour. A guest lounge opens onto the garden and spa-pool.

The peak time for Lambton Heights is September to April. Occupancy has consistently run at about 85% during these months. Guests are mainly international travellers who come via travel agents in Europe, the U.S.A., Australia and Lambton Heights’ website. The present owners haven’t promoted the winter season, so there is an opportunity here for the new owner. There is also potential to open a third room for guests.

Lambton Heights has good forward bookings to 2014. Easily operated by one. Ideally it would suit a single person or couple who enjoy meeting people. You, as the new owners, would be living in and promoting the “Coolest little capital in the world”.
Lambton Heights is G.S.T. registered.

The kitchen/laundry has just been beautifully refurbished.
Equipment being sold:
• Furniture, appliances and linen directly relating to the business.
• Portable spa-pool
• Outdoor furniture
• Trading name and goodwill
• Full website
• Business links with all major Inbound Operators and Overseas Travel Companies
• Forward bookings to 2014
• Signage.

(R.V. 1.1M & C.V. 1.3 M.includes business, house and land )

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Details

Category: Commercial
Property Type: Tourism
Property Price: $1,290,000
Rateable Value: $1,100,000
Floor Area: 200 m2
Land Area: 323 m2
Status: For sale
Viewing Instruction: By Appointmen­t with the owners.

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