Ad ID: 62074 Inactive
Motel and Function Centre for Sale Wellington
Freehold Function Centre & Motor Lodge
Business for Sale Description
Motel and Function Centre for Sale WellingtonAfter 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.
For the last 18 years, this business has been run very successfully as a partnership with two couples. 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.
This is a great opportunity for purchasers to buy an incredible package. 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.
We would welcome your enquiry on the Land, Buildings & Business at $3.5m of this Motor Lodge & Function Centre for sale in Wellington via our website or by phoning PETER MCGRATH on 0800 263339, DDI 06 929 7681 or 027 449 1608.