Ad ID: 50013 Inactive

Motor Lodge for Sale Timaru

South Canterbury - Superb Motor Lodge


Business for Sale Description

Motor Lodge for Sale Timaru

Very well-presented 12-unit modern Motor Lodge in prime highly-visible Timaru main route (State Highway 1) location. The property is very close to Timaru's popular Caroline Bay, as well as a superb swimming pool and sports complex, art gallery, restaurants, cafes and shops, all within a relatively short walk. An on-site private 3-bedroom manager's apartment provides good accommodation for the Motor Lodge operator.
Our Vendors have maintained the property in excellent condition. Although only approximately 13 years old, most of the units have been nicely redecorated, and the exterior has recently been repainted, ensuring that a purchaser can expect to enjoy trading for a number of years without having to consider major expenditure. A good secure lease is in place.

Timaru is a popular central South Island city which often hosts sports, family, and social gatherings for those coming from other South Island areas, as well as regular corporate guests. As a result, accommodation is strongly sought after, and the location makes this excellent Motor Lodge an ideal option.

Our Vendors are seeking semi-retirement after 12 years of successful operation and are very motivated, providing an opportunity not often available. This business represents good buying at $695,000, and we recommend early enquiry to avoid disappointment. Contact Athol McCully today!

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