AD ID: 111437

Motel Restaurant & Entertainment Venue for Sale Oamaru

Location:

Otago

Asking:

Land and Buildings $5,200,000

Type:

Accommodation-Motels

Passive Property Investment or FHGC Opportunity

Why buy this Motel Restaurant & Entertainment Venue Business

Motel Restaurant & Entertainment Venue for Sale Oamaru

Passive income from two separate commercial leases.

A 35-year registered lease will be in place for the motel and a separate 18-year (6x3) ADLS lease for the entertainment and restaurant complex. Both businesses have a long history in Oamaru.

A total parcel of land 15,281 sqm in a very high-profile location.

Potentially you may wish to consider the purchase of the Freehold Going Concern available in conjunction with the listing for the lease.

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.

An Information Memorandum is available to download from our website coffeys.co.nz.

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

We would welcome your enquiry via this website or direct to JOHN CONNELLY.

For more info Contact: