Ad ID: 59502

Motel for Sale Palmerston North

Central Apartment Style Motel with Conference CentreLease $635,000

Location:
Asking:
$635,000

Business for Sale Description

Motel for Sale Palmerston North

Very well located motel and conference centre located just 800 metres from The Square, with 27 years remaining on the lease. 14 very spacious apartment style units with air conditioning and presented with guest comfort in mind.

This motel offers a mix of access, studio, one-bedroom and two-bedroom suites. The conference centre is able to seat 20 people boardroom style, is air conditioned and well set up for the corporate market. The motel has its own kitchen, laundry, a separate guest laundry and court yard parking for guests. 

All the units have tasteful, quality furniture with neutral colour tones.

Business Resources

The owners residence has three bedrooms and a small office upstairs with open plan living and kitchen downstairs.

Palmerston North city is an educational centre and a busy distribution and business centre. This motel and conference centre has the potential to create opportunities for the new owners to grow the business.

Interested In This Opportunity?

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Coffeys Tourism Property Brokers Ltd
For more info
Contact:

Peter McGrath

Kelvyn Coffey
0800 263339 or 027 449 1608
Phone: Peter McGrath or 027 449 1608
Coffeys Tourism Property Brokers Ltd
REAA 2008
Broker Ref: 7786

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