A waterside Northland pub with an unrivalled reputation as a music venue is for sale for the third time in four years but this time the Mangawhai Tavern is being offered lock, stock and barrel.
The lease and the property were listed for sale this week with Affiliated Business Consultants
(ABC) at an asking price of $1,500,000 as a freehold going concern.
In December 2010, the lease was listed by owner Gillian Houser through the same company for an asking price of $695,000, plus stock. In October 2011, Ms Houser advertised the lease for sale again. This time, both that lease and the property owned by another party were for sale, agent Murray Kidd said.
The two-storeyed hotel was built in 1862 to replace the first one built at the site in 1859, which was razed by fire just two years later in 1861.
Today's historic kauri building is lucky to be standing after a kitchen fire threatened to take hold of its dry timbers in January last year. It was saved by quick action from staff and the Mangawhai Heads volunteer fire brigade.