Accommodation Business for Sale in Blenheim
| Asking: |
$995,000 |
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| Turnover: |
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| Type: |
Accommodation |
| Location: |
Blenheim |
| An Accommodation Complex With Real Horsepower. Vendor Happy To Look At Trades Or Vendor Finance. Lease $995,000 or FHGC $3,995,000. |
| Business
Description: |
| Business could be yours with a deposit of only $500,000, with generous vendor finance for the balance. Vendor also would consider trades. This complex has impressive figures and still growing. Vendor motivated to do a deal as he wishes to retire.
Previously a 21 unit motel complex, the development of further new units brings the total to 29. A new purpose built motel kitchen and dining area has recently been completed, the helps cater to a good demand for breakfasts being provided to the large corporate base. The construction of the new units was in conjunction with refurbishment some of the existing units, so that the entire complex is now presented to a very high standard. Situated on over 8,000sqm of lawn and garden setting, this motel is in a prime main highway position.
The existing 21 unit complex was already producing some excellent figures. Corporate trade was building and with the acquisition of some major ongoing contracts, the need for the additional units became apparent.
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| Business
Resources: |
| This motel has a good history of producing top turnover. A unique setting, well back from the road, however at the same time providing the benefit of high profile. Facilities include swimming pool and sauna, and plenty of lawn and garden area to enjoy barbeques. Spacious units contribute to the popularity with groups and families and provide the operator with good flexibility in unit allocation.
A separate three bedroom managers residence with good living area and private outdoor space.
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| Contact: |
| Kelvyn Coffey from Coffeys Tourism Property Brokers Ltd (Licensed Agent REAA 2008) on 03 550 0459 or 027 432 0565 , any time, or email info@coffeys.co.nz
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| Listing ID: 16634
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| Listing URL: |
| www.nzbizbuysell.co.nz/16634
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