The Mangatera Hotel in the Manawatu township of Dannevirke is on the market.
The hotel offers conference, function and event facilities, a 60-seat restaurant and nine accommodation rooms.
It employs two full-time staff, with an additional pool of 12 part-time personnel working in all disciplines of the business during peak function and event periods.
The Mangatera Hotel land, buildings and business are being marketed for sale by Bayleys Napier. According to Bayleys’ Napier commercial salesperson Rodger Howie, the hotel’s buildings encompass a total floor area of approximately 1,033 square metres and is situated on some 4,433 square metres of freehold land. It
has an asking price of $2.85 million.
The hotel has been operating on its existing site since 1955 – although references to the public house date back to 1889 when the first Mangatera Hotel was built by pioneer settler Lawritz Triis.
Located on State Highway 2 between Wellington and Napier, the space has twice been a finalist in the Hospitality New Zealand Awards for Excellence – in the best hotel and best off license categories.