Ad ID: 68980

12 Unit Motel for Sale West Coast

12 units - superb presentation - great figures

Business Lease $755,000

Business for Sale Description

12 Unit Motel for Sale West Coast

This complex is situated in a high profile location, on Greymouth\'s \"Motel Mile\". It enjoys excellent street presence with a wide frontage to the road, and is the closest motel to the expanding Grey Base Hospital.

The current owners have spared no expense in taking what was already an excellent operation to yet another level. The financial results attest to the satisfaction of guests, with all the 12 units having been significantly upgraded in recent times. The opportunity exists for the next operator to continue to reap the rewards of the many improvements made.

The business is secured by a long (thirty year) lease with a very fair rental. Greymouth is enjoying the lucrative profits from the burgeoning West Coast tourism industry. Also, a steady corporate trade year-round with many loyal repeat clients.

Completing the picture is a well above average owner\'s residence, with four spacious bedrooms plus study, as well as large living areas opening to a private garden area. Operational infrastructure is also top-notch, including office/reception, motel laundry and guest laundry facilities.

Inspection will not disappoint.

We would welcome your enquiry on the Business Lease at $755,000 of this Motel for sale in Greymouth via our website or by phoning KELVYN COFFEY on 0800 263339, DDI 03 550 0459 or 027 432 0565.

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Coffeys Tourism Property Brokers Ltd
For more info

Kelvyn Coffey

Kelvyn Coffey
027 432 0565 or 03 550 0459
Phone: Kelvyn Coffey or 03 550 0459
Coffeys Tourism Property Brokers Ltd
Licensed REAA 2008
Broker Ref: 3397

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