679 Puketapu Road Puketapu, Hastings
01. Introduction
Colliers Commercial & Rural Hawke’s Bay has been exclusively appointed to market the Freehold Going Concern of The Puketapu Pub for sale by Deadline Private Treaty closing 26th March at 4:00pm
This Information Memorandum provides preliminary information to assist interested parties with their assessment of the property.
All enquiries, requests for information and arrangements to undertake inspections in relation to this investment opportunity are to be directed to the sole agents, Colliers Hawke’s Bay:
Tracy Mason
Rural & Lifestyle Sales Advisor | Hawke’s Bay
Mob: +64 21 303 905
Email: tracy.mason@colliers.com
Calum Ironside
Broker | Hawke’s Bay
Mob: +64 27 698 6996
Email: calum.ironside@colliers.com
Community
Strong community and patronage support which contributes to business success
Upside/Growth
Dining and catering generate additional revenue from events and group bookings
Trading All Year Consistent year-round trading. Suitable for investors or owneroperators
Proven Profitability
Supported by strong historical financial performance
04. Property Description
Offered to the market for the first time in over 20 years, the Puketapu Pub is a truly rare opportunity to acquire one of Hawke’s Bay’s most iconic and successful country pubs.
Located in the heart of the rural Puketapu community, just minutes from Napier and Hastings, the pub is hugely supported by locals and is a destination in its own right, attracting patrons from across New Zealand and overseas.
Originally built in 1885, rebuilt in the 1920s and recently fully renovated while retaining its original character, the pub features three distinct hospitality areas: a private restaurant and bar, a vibrant public bar with dining, and a popular garden bar with roadside seating.
A recently renovated commercial kitchen with new equipment supports a strong food offering, with seating for over 240+ patrons and consistently high year-round patronage.
The pub is the social hub of the community, hosting regular events, club functions and private celebrations, and operates a well-established outside catering arm.
Comprehensive financial information is available on request, clearly demonstrating a profitable and well-established business. The business and land and buildings may be purchased together or separately.
05. History
“The Puketapu” was established in 1885 by Mr Frederick Thomas Bradley. At the time of its initial establisment it contained twenty bedrooms, two parlours and a dining room.
Since then The Puketapu Pub has been through significant renovations and continues to change and grow. However, it has always remained the hub of this small country community. The bar and restaurant have come a long way over the years, being nominated for and then later wining the Hawke’s Bay Hospo awards for “Traditional Pub of the Year” in 2011 and ‘‘Outstanding Local’’ in 2013.
The Puketapu prides itself on providing their customers with beautiful cuisine at affordable prices. While also giving them a warm welcoming experience in a unique country pub.
Source: https://thepuketapu.co.nz/our-story
06.
Location
679 Puketapu Road is located approximately 10 km north of Hastings CBD (10–12 minute drive) and 25 km southwest of Napier (25–30 minute drive) via State Highway 50. The property services the surrounding rural and lifestyle community and is a popular stop for motorists travelling between Hastings, Puketapu, and Eskdale. Positioned on a well-trafficked route, it benefits from consistent patronage, on-site parking, and strong connectivity to the wider Hawke’s Bay region.
Title
Land Registration District Hawkes Bay
Date Issued 31 October 1985
Prior References HBB2/788 HBB2/789
Estate Fee Simple
Area 2023 square metres more or less
Legal Description Lot 1DepositedPlan18865andLot2 DepositedPlan11062
Registered Owners
Christopher JohnDanielson,MaryCatherineDanielsonandCDSTrusteeCoLimitedastoa1/2share
Christopher JohnDanielson,MaryCatherineDanielsonandCDSTrusteeCo.Limitedastoa1/2share
Interests
Appurtenant heretoarewaterandpipelinerightscreatedbyTransfer229248
Subject toSection308(4)LocalGovernmentAct1974
Appurtenant heretoisarighttodrainsewagecreatedbyTransfer517263.4-6.10.1989at9.56am 615494.1 PartialSurrenderofwaterandpipelinerightsappurtenantheretoinTransfer229248-31.10.1994at11.35am
Appurtenant heretoisarighttoconveywaterspecifiedinEasementCertificate615494.2-31.10.1994at11.35am(affects Lot1DP18865)
The easementsspecifiedinEasementCertificate615494.2aresubjecttoSection243(a)ResourceManagementAct1991 7983212.2 MortgagetoWestpacNewZealandLimited-7.11.2008at3:42pm
Identifier HBL1/1379
Identifier HBL1/1379
10. Sale Process
Method of Sale
The property is being marketed for sale by Deadline Private Treaty closing 26th March at 4:00pm (unless sold prior).
All enquiries, requests for information and arrangements to undertake inspections in relation to this opportunity are to be directed to the sole agents:
Tracy Mason
Rural & Lifestyle Sales Advisor | Hawke’s Bay
Mob: +64 21 303 905
Email: tracy.mason@colliers.com
Calum Ironside
Broker | Hawke’s Bay
Mob: +64 27 698 6996
Email: calum.ironside@colliers.com
679 Puketapu Road, Hastings
DISCLAIMER: This Information Memorandum has been prepared solely for information purposes in order to assist interested parties in making an initial evaluation of the property and does not constitute advice nor purport to contain all of the information that a prospective purchaser may require. In all cases interested parties must conduct their own investigation and analysis of the property and the data set out in this Information Memorandum to satisfy themselves in all respects and not rely on the information in this Information Memorandum to make their purchasing decision. This Information Memorandum has been prepared in good faith and with due care by Colliers, but neither Colliers nor the Vendor accept responsibility hereunder for the accuracy of any part of the information contained in this Information Memorandum. Therefore the recipient/s of this Information Memorandum to the extent that they rely on the information contained herein do so entirely at their own risk. The Vendor and Tremain Commercial Limited (and its brokers) expressly disclaim all liability for representations, express or implied, contained in, or for omissions from, this Information Memorandum or any other written or oral communication given to any prospective purchaser in the course of their evaluation and/or offer. This Information Memorandum does not constitute an offer for sale or purchase or otherwise. Tremain Commercial Limited, licenced under the REAA 2008.