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Motel Lease Business for Sale in Auckland (Newmarket)

Asking: $1,700,000
Turnover:
Type: Accommodation
Location: Auckland (Newmarket)
Ascot Epsom Motel Lease - Location Location. Well presented and extremely well located motel providing a diverse configuration of units.
Business Description:
Ascot Epsom has been rebranded, redecorated and refurbished. This well presented and extremely well located motel provides a diverse configuration of units. An easy stroll to Newmarket with well appointed quality restaurants, bars and cafe's as well as fashion boutique outlets. A three bedroom residence, security, Wifi, Staah channel management for reservations, drive round accessibility. Rent reviews every 51/4 years, perpetual lease. Sales income 438k. NP 183k. 21 Units. Occupancy average 70 - 75%.
Business Resources:
KEY FEATURES
• Be in for the Rugby World Cup
• Modern facilities
• Excellent chattels
• Technologically up-to-date
• Long Lease
Contact:
Ron Lamb from Barfoot and Thompson (Licensed Agent REAA 2008) on +64 9 489 3880 or 021 479 796, any time, or email r.lamb@barfoot.co.nz
Listing ID: 18450
Listing URL:
www.nzbizbuysell.co.nz/18450
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