www.nzbizbuysell.co.nz/109072
Ad ID: 109072

Well-presented Motel for Sale Ashburton Canterbury

Well-presented Motel - Rising Revenue and Profits

Location:
Asking:
Business Lease $495,000

Why buy this Well-presented Motel Business

Well-presented Motel for Sale Ashburton Canterbury

Despite the headwinds through Covid lockdowns and general business interruptions, this motel has produced some pretty impressive results.

Many improvements have been made in recent times, all units now offer heat pump air-conditioning, latest smart TVs and high-speed Internet throughout.

Most of the hard work has been done, with the figures now growing, the opportunity presents itself to the next operator to carry on and continue the growth in revenue, profitability and business value. With what has been achieved through these difficult times, we see great potential for further gains in the hands of a good operator.

15 well-presented units, all ground floor with plenty of off-street parking. A good unit mix complemented by a heated swimming pool. Set back from the road, the motel provides a good standard of accommodation in a peaceful environment.

A separate two story three-bedroom, two-bathroom owners\' residence, with downstairs master bedroom. The spacious sunny living area opens out to a private courtyard for some time out at the end of the day.

Ashburton is a delightful town in which to operate this type of business, with a wide range of facilities and attractions available.

At this ingoing price, this is a real opportunity for upside.

Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same.

Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum available on our website.

We would welcome your enquiry on the Business Lease of this Motel for sale in Ashburton via our website or by phoning JOHN CONNELLY on 0800 263339, DDI 03 550 0520 or 021 880 881.
For more info
Contact: John Connelly

John Connelly

John Connelly
021 880 881 or 03 550 0520
Coffeys Tourism Property Brokers Ltd
Licensed REAA 2008
Broker Ref: CA287

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