Ad ID: 60121

Motel for Sale Hawkes Bay

Motel business for sale with 28 spacious motel units, licensed restaurant and bar with great guest facilities.

Location:
Asking:
$375,000
+GST

Business for Sale Description

Motel for Sale Hawkes Bay

Motel business (leasehold interest) sale which is well located with 3 bedroom apartment and a very good business.

This motor lodge has a great position. It has been a well-known landmark in the community and the Restaurant, Bar and Accommodation facilities are well patronised by the town-folk, international and Kiwi visitors to the town.

The motel has 28 spacious units. A combination of 6 Standard Studios, 6 Executive Studios, 11 One Bedroom units and 4 Two Bedroom units and a self-contained House near to reception.

The Managers residence adjacent to reception is a spaceous 3 bedroom apartment with a very nice recreation area out back. Other facilities include a stand-alone licenced Restaurant with Bar and Lounge facilities, a Swimming Pool, a sun lounge area and a Guest laundry.

The Restaurant and Bar is open five nights each week and is a great facility for meetings, conferences and of course a great Food & Beverage facility. Chefs and staffing of the restaurant is well set up and good care is taken of the guests and outside diners. The restaurant is the only dining facility open at nights in the town and is popular with the repeat customers who stay at the Motor Lodge.

Business Resources

This Motor Lodge business is a very good one and an added advantage is that the motel is the only property in the town that is on the main highway system.

The ease of access to the centre of town and the added attraction of the Restaurant and Bar facilities adds to its attractiveness.

The pricing to buy this business is below the normal formulas in calculating motel businesses for sale but that doesn’t seem to concern the current business owner who is looking forward to a touch of retirement life.

Please contact me now to discuss this amazing opportunity.

Interested In This Opportunity?

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Tourism Properties.com
For more info
Contact:

Adrian Chisholm

021 727 888
Tourism Properties.com
REAA 2008
Broker Ref: THL-52247

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