Hotel (and ghost) to go on market


St Bathans’ landmark Vulcan Hotel may soon be sold sold to another custodian — ghost included.

Subject to agreement between the current shareholders, the watering hole could be listed as early as next month.

Unlike the failed business deal that led to the month-long closure of one of New Zealand’s most famous pubs last year — the first in its 140-year history — shareholder Royce Clark said his custodianship was only ever meant to be temporary.

The West Melton electrician is one of six shareholders in Peyman Holdings, which was set up in 2011 to buy the building.

In August, a deal to transfer ownership fell through.

Mr Clark stepped in to save the hotel and a deal was struck to reopen on September 23 — almost a month to the day after the last pint was pulled and the doors were shut.

‘‘It’s very important for St Bathans and it’s the main focus of the community.
‘‘That’s the main reason I took it over.’’

He then spent an additional two weeks catching up on overdue maintenance work, he said.

Business had been ‘‘going bonzer’’ since and Covid-19 had proved to be an unexpected boon.

‘‘Covid has been good for the pub — it’s a true destination and more and more people from New Zealand want to see it.’’

Asked if the closure, albeit temporary, had helped, Mr Clark said any publicity was good.

His time at the helm would soon be ending, as he could not juggle his electrical business with running the pub and that was always his and the other shareholders’ intention.

‘‘It was a case of just getting it back up and running and in good health and condition.’’

That time had come and, with only ‘‘one or two issues’’ to sort out, the hotel was at a level at which he and the other stakeholders felt comfortable putting it on the market.

The shareholders would meet soon and the target was to list the pub next month, he said.

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