Ad ID: 62074

Motel and Function Centre for Sale Wellington

Wellington: Freehold Function Centre & Motor Lodge. Land, Buildings & Business $3,500,000

Location:
Asking:
$3,500,000

Business for Sale Description

Motel and Function Centre for Sale Wellington

After 18 years the current owners feel the time has come to retire and put this sizeable Accommodation & Function Centre up for sale. The well-located complex is multi-faceted making it ideal for weddings, functions, conferences, seminars and as a motor lodge.

The package includes a 16 unit motor lodge, main function centre with a commercial kitchen and selection of rooms, a large four-bedroom residence with formal living areas, and beautiful grounds. The owners have developed this complex to be a leading venue that caters for many market segments providing multiple revenue streams.

This is a great opportunity for purchasers to buy an incredible package.


Business Resources

The business itself has operated very successfully for over 30 years with only two owners in that time. It has shown consistent returns over a long period and we have over 10 years of figures available to back this up.

The owners residence is currently divided into two separate living quarters but can very easily be converted back to one household, or alternatively convert the ground floor to additional commercial accommodation.

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: 7943

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