Hospitality businesses up for sale

00:29, May 31 2014

A handful of prominent hospitality and accommodation business in Nelson and Tasman have come on to the market.

The Harbourside Motor Lodge overlooking Nelson Marina, Gladstone Motel in Richmond and The Laughing Kiwi Backpackers in Motueka are now up for sale.

Concurrently, a trio of food and beverage businesses are also on the market.

They are The Chocolate Velvet retail outlet in Nelson, Verdict Bar and Cafe in Nelson and the Stoneridge Cafe and Maze on the rural outskirts of Nelson.

The six business are all being marketed by Bayleys Nelson.

Salesperson Tony Vining said it was coincidence that the portfolio of properties had all come onto the open market at the same time.

"Some of the establishments had been quietly on the market for a number of months as their vendors tested the proverbial waters to see what interest was out there among their respective industry sectors.

"Now, by going public with full marketing, it's open season," Vining said.


The Nelson Mail