Ad ID: 46230 Inactive

Motel for Sale Kerikeri Northland

Kerikeri Park - Freehold Going Concern

Location:
Asking:
$2,255,000

Business for Sale Description

Motel for Sale Kerikeri Northland

An opportunity to purchase land, buildings, and business as a freehold going concern. Kerikeri Park Motel is one of the newest accommodation properties in Kerikeri, Northland. Positioned on the main road into the township, Kerikeri Park Motel opened in 2009 with 20 rooms across 2 levels - with a separate reception / storage facility. LOCATION Less than 5 minutes drive from Kerikeri township and 10 minutes from Bay of Islands Airport. Kerikeri Park Motel is located down a winding drive, with park-like surrounds - wake up with the birds and enjoy the idyllic setting. ACCOMMODATION / BUSINESS 16 units, 20 rooms in total - 4 interconnecting (2 units occupied by the owners / managers) consisting of: 8x Executive Studios 6x One Bedroom Units 4x Luxury Studios 2x Premier Studios Rooms have been built to a modern spec with spa baths in all units except Executive Studios. Each room has an exceptional perspective of the property, with a north facing aspect that can be enjoyed from either a balcony (1st floor rooms) or patio (ground floor rooms). Kerikeri Park Motel is currently ranked #2 on TripAdvisor (as at 1/9/16) for the Kerikeri area with over 100 "Excellent" reviews. The property has also won the Certificate of Excellent award for 2015. Qualmark has rated the property at 4+ stars. FOR SALE: There are two options available to purchasers: 1. Freehold Going Concern (Land, Buildings, Business) 2. Lease Only The land comprises 1.8378 hectares in freehold and the building is described as above. Further information on what is included in the sale is available in a comprehensive Information Memorandum - available on request. PLEASE NOTE: Purchasers may buy the lease only, or the FHGC. The owners will not sell the Freehold only. INSPECTION / ENQUIRY To receive a detailed IM, please complete the Confidentiality Agreement located at the top of this page. Inspections are by appointment only.
Ref: 19326
Timestamp: 20170125054536

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