Weekend Herald

Soft drink building could fizz again

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An industrial building which previously housed the “world famous” L& P soft drink production plant in Paeroa is for sale.

Lemon & Paeroa — or L& P as it is now branded — was created in 1907 by combining the carbonated mineral water of Paeroa with lemon juice. The first bottling plant in the town was establishe­d in late 1908- early 1909.

A large commercial and industrial property on the corner of Station Rd and Albert St in Paeroa was first used as a bottling operation for the brand in 1926. Expansions and refurbishl­ments saw the Paeroa bottling plant increase in size over the ensuing decades until it was closed in 1980 and production moved to Auckland.

Now the 1062sq m of freehold land and 900sq m high- stud building are being marketed for sale at auction on May 18, through Bayleys Waikato. The property features in Bayleys’ latest Total Property portfolio magazine.

Bayleys Waikato salesperso­n Josh Smith says it is zoned for commercial use under the Hauraki District Council plan.

Paeroa, which intersects SH 2 and SH 26, has prospered since the Karangahak­e Gorge Waihi- to- Paeroa leg of the Hauraki Rail Trail opened in 2013.

“Though the building is structural­ly sound and operable in its current format, with some external redesign and refurbishm­ent it could be easily brought up to a modern look befitting its presence on Paeroa’s main street,” says Smith.

It is made of block and corrugated iron with steel framed portals spanning the roof. The flooring i s predominan­tly concrete on the ground level, with wooden flooring sustaining the mezzanine level.

Smith says the premises are now tenanted by a second hand goods shop at the front, and a motor vehicle repair workshop/ car wreckers operating from the back of the building and out on to the external yard. The tenant i s trading on a month- tomonth basis and is in a position to vacate the building with short notice — in line with any new owner’s request.

“The front portion of the building has a mezzanine level. Upstairs are several former offices now used as storage space. There i s also an consented self- contained flat on the upper storey — comprising a kitchenett­e, shower, living area, and toilet. The ground floor has several smaller rooms to the sides.

“At the rear a large hig- span double door opens to the main road, with a single high span door opening to the secure yard area accessed from Albert St. Combined, these give a potential “drive through” format to the warehouse aspect of the building. The internal infrastruc­ture is already there to sustain the range of employee amenities a commercial business operator would expect — office space, toilet and bathroom facilities, and a staff kitchen and lunch room area. For many commercial or retail tenants though, that basic framework of rooms and spaces does require some degree of refurbishm­ent,” says Smith.

The land and buildings at 7 Station Rd have a council rating valuation of $ 180,000. A new building standards ( NBS) report on the building is now being undertaken.

 ??  ?? Land and buildings at 7 Station Rd, Paeroa, are now for sale.
Land and buildings at 7 Station Rd, Paeroa, are now for sale.

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