Ad ID: 71555 Inactive

Freehold Motel for Sale Raglan Waikato

Freehold Motel - 24 units, approx 14 years young

Location:
Asking:
$4,250,000

Business for Sale Description

Freehold Motel for Sale Raglan Waikato

The Freehold of Raglan Sunset Motel is for sale. Raglan Sunset Motel is the largest motel in this region, has a well utilised event room (weddings, conferences) and presents in excellent condition with recent refurbishment and re-decoration. The established operators have built a long term business and wish to sell the freehold, while retaining the business, or potentially  sell the business as well. 

Viewing is essential as freehold motels are rare.

$264,000 + gst annual rent

5% maintenance contribution

35 year lease expires 30 June 2051

Site approx 2579m2

24 units

approx 14 years young

Inspection is by appointment only and your call is welcomed. Please complete the confidentiality deed to obtain additional information.

Reference :EL01496

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