Ad ID: 58047

Motel and Conference Centre for Sale Palmerston North

Motel and Conference leasehold interest (business) for sale with excellent location with huge owner's accommodation.

Location:
Asking:
$395,000
+GST

Business for Sale Description

Motel and Conference Centre for Sale Palmerston North

Promoted as a special place for business, leisure and tranquility. Great for seminars and conferences close to Massey and to many sporting and cultural amenities the Motel & Conference Centre is just that a Motel that opens up onto park with excellent conference facilities. The Motel and Conference Centre is an ideal location for guests who wish to be close to sporting amenities such as the Sports Ground, Astro Turf - home of Manawatu hockey, Manawaroa and Ongley Park, Squash courts, Soccer fields, Lido Aquatic Centre, Massey University Athletic track and Institute of Rugby.

The Motel is within five minutes from Massey University, Ag Research, Dairy Research Institute, International Pacific College, Institute of Business Studies, Universal College of Education (UCOL) and the Massey University College of Education and a short walk to downtown Palmerston North. There are 16 Accommodation units 8 x studio sleep 2 (1 studio sleeps 3 ) 6 x 1 bedroom sleep 3 - 4 2 x 2 bedroom sleep 4 - 6 12 units have full kitchen cooking facilities 4 with tea|coffee toast making facilities

Conference Room: 60 square meters the conference room has the following equipment: OHP screens, OHP, white boards, video player, TV monitor, connections for computers, 45 chairs, 10 tables. The main room provides entry to two breakout rooms - A conservatory perfect for morning & afternoon teas and lunches of which opens onto a private grass area and a Directors room with separate toilet and shower facilities.

Business Resources

Owners Accommodation : A huge 3 bedroom, 3 Lounge and very spaceous Dining and Kitchen facility is used by the Motel Business owners and is probably one of the largest facilities available in motels now days. It really is a Home - not a motel flat as is so common now days.

Brokers Comments The Park Motel & Conference Centre is a very nice motel and although right on the busy it is surprisingly quiet. The Park out the back of the units is a fantastic recreational area for children and adults alike - Cool under the canopy of trees and with the motel BBQ sizzling away, a great spot for guests. I like the central area with Reception, Laundry, Conference Room, and owners accommodation all within a few steps of each other makes for a simplified work routine for the busy owners. The current owners are ready to move on, Medical conditions and a retirement plan is the plan. This place is worth looking at.

Please contact me now for comprehensive property listing information about this motel business for sale.

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Tourism Properties.com
For more info
Contact:

Adrian Chisholm

021 727 888
Tourism Properties.com
REAA 2008
Broker Ref: THL-48298

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