Freehold Motel for Sale Raglan Waikato
Freehold Motel - 24 units, approx 14 years young
Business for Sale Description
Freehold Motel for Sale Raglan WaikatoThe 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
approx 14 years young
Inspection is by appointment only and your call is welcomed. Please complete the confidentiality deed to obtain additional information.