HOTELS FOR SALE

NZ Truth, Issue 144, 21 March 1908, Page 7

HOTELS FOR SALE

BY MAGDONALD, WILSON AND CO., Hotel Brokers, Land Agents, Auctioneers, Expert Hotel Valuators, Eto., WELLINGTON. HOTEL, Nelson City— 3 years lease. Trade, £20. Rent, £1. Only £450, goodwill and furniture. FREEHOLD HOTEL, West Coast— One of the best commercial houses. < Owner retiring after 24 years. Doing a first-class trade. £3500 to walk m; half cash. j This is a chance .that one not often meets | with. For an investment you can get your money back by leasing same for ten years, and secure £6 a week clear. Sole Agents. HOTEL, Palmerston North— 4J years ; trade, £90 ; 30 • rooms. Free house. £2950, goodwill and furniture. FREEHOLD, Nelson District— Good country town; 2 acres land; large stable. . Tourist trade. Freehold and furniture, £3500 ; £1500 cash. Free house. In three years this hotel will be worth £5000 GOOD HOTEL— CoaI mining district ; £2 5s a week. Doing £30 to £40 a week. Three years lease^ Can be got for £300 goodwill. Furniture and billiard table at. ■ valuation (about ££50). HOTEL, Nelson-— l£ years lease ; 30s week, rent. Only £350 goodwill of furniture, including horse and trap. Cheap house. HOTEL, Feilding— £looo. HOTEL, close to Feildhig— New house; £4 week. Cash wanted, £800 ; 5 years lease, £47 woek. PALMERSTON NORTH— Doing £120 a week ; 8 years lease ; rent, £12. Furniture worth £1500. Can finance a man, with £1200. Price on application. PALMERSTON NORTH (dose to)— 4J years' lease; £3 a week. Takings, £25 to £30. Good district. Lease and furniture, £1350. We are prepared to finance any of tha above Hotels to suit purchasers. Valuations (undertaken m all parts of New Zealand) guaranteed. Twenty-five years experience m the trade.