Ad ID: 19043 Inactive

Leasehold Motel for Sale Palmerston North

13 spacious units with conferencing / conference catering - very spacious owner accommodation. Suit first timers into industry. * Significant Price Reduction *


Business for Sale Description

Leasehold Motel for Sale Palmerston North

There are 13 spacious units all having tea/coffee-making facilities and microwaves. Some of the units have full kitchen facilities. There are studio units, 1 and 2 bedroom units and Spa units in the collection of rooms available. This business is well worth investigation as significant price reduction.

Business Resources

Conferencing & Conference Catering There is an excellent ground-floor conference room that when set up theatre-style caters for up to 40 people. There is seating and desk facilities for U-shape, boardroom or classroom-style set ups for conference users as well. An Overhead projector, TV, video players, whiteboards, speaker's lectern and flip charts are also part of the conference offerings. Reception & Owners Accommodation This motel has a very nice reception area and the owners accommodation is one of the most spacious apartments available that the Broker has seen that is available to motel operators. A huge lounge and 3 bedrooms with access direct out on to the 2nd floor accommodation walkway and down stairs to the reception. Brokers Comments This motel is a nice small size operation that would well suit first timers into the industry or for those that want fewer units to cater for. Access to the city centre is a 5 minutes walk away and yet on the road that heads south out of the city. Contact me now for more property listing details. Purchase Price $450,000 + GST (if any)

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