Ad ID: 64287

Motel for Sale Ashburton

Best Position, Best Presentation

Location:
Asking:
Business Lease $795,000

Business for Sale Description

Motel for Sale Ashburton

It is a pleasure for us to bring to the market this 17 unit (4.5 Star) very well maintained motel. All units are very well presented, with top-level chattels and modern fitting and fixtures and new carpets and drapes. There is absolutely no immediate maintenance to do on this property.

Its 17 units range from studios to three-bedroom, so has the facility to cater for any accommodation requirement. The large purpose-built conference centre is a very good addition to the business.

Ashburton is primarily a farming service centre and when the farmers do well, so does the township. The ever-increasing tourism numbers is a bonus for Ashburton, as their steady income is from the farming community.

The effect of the Christchurch and Kaikoura earthquakes seems to be getting back to normal now and trade and travel is far more settled.

The motel business has a long lease with reviews only every three years. The latest review has recently been completed therefore, the next rent review will not be until November 2019.

This is a solid well-presented property and will always be prominent in the market, so do not miss this chance to write your chapter in the history of this business.

We would welcome your enquiry on the Business Lease at $795,000 of this Motel for sale in Ashburton via our website or by phoning INKY STOVE on 0800 263339, DDI 03 550 0471 or 021 182 6940.

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Coffeys Tourism Property Brokers Ltd
For more info
Contact:

Inky Stove

Inky Stove
0800263339 or 021 182 6940
Phone: Inky Stove 0800263... or 021 182 6940
Coffeys Tourism Property Brokers Ltd
Licensed REAA 2008
Broker Ref: 1704

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