Ad ID: 75054

Motel and Motor Lodge for Sale Ashburton

Awesome Outstanding Opportunity - Ashburton!

Location:
Asking:
$795,000

Business for Sale Description

Motel and Motor Lodge for Sale Ashburton

Modern well-presented 17-unit accommodation facility with a range of unit types, providing real options for guests. In addition, a conference room with facilities ideal for smaller conferences or other groups (e.g. sports groups), and a children’s playroom, ideal for younger children, make this a favourite. Located on a highly-visible corner site with very good street appeal.

The 3-bedroom Manager’s residence provides excellent comfortable living space with the reception for the business conveniently accessed from the living area.

The Vendors have completed significant upgrading, adding new quality drapes and carpets to all of the generously-sized units, providing an attractive environment for guests.

This business is secured by a long lease, with over 33 years to run.

Ashburton has a population of just under 20,000, with another 12,000 living in the wider district. It is the central hub of the mid-Canterbury area, and is generally well-served with amenities. It is approximately 1 hour’s drive south of Christchurch and under one hour’s drive north of Timaru. Ashburton services a large rural hinterland which has seen dairy farming become well-established, especially over the past 20 years or so.

This offers a prospective Purchaser an excellent opportunity to purchase a well-established, well-presented motel, with the benefit of additional facilities which other motels don’t offer. While the business has been operating well, with the facilities and established clientele, there is a real opportunity for a Purchaser to take it to the next level – enquire now!!


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Harcourts Grenadier RE Ltd.
For more info
Contact:

Athol McCully

Athol McCully
0274338052
Harcourts Grenadier RE
Licensed REAA 2008
Broker Ref: CIC48544

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