Ad ID: 76437

Motel for Sale Ashburton

Outstanding Ashburton Motel Opportunity

Location:
Asking:
$985,000

Business for Sale Description

Motel for Sale Ashburton

On offer is a very well-presented 19-unit motel (18 studio units, plus a two-bedroom house). Excellent facilities all aimed at enhancing guest comfort are in place (e.g. air-conditioning units, fibre wi-fi, latest smart TV technology, and much more). The motel has benefitted from a major refurbishment, and this, plus 6 stunning new units, make for a very attractive offering. In addition, the spacious Manager’s residence offers 4 bedrooms and two bathrooms – larger than most motel residences.

Over 2,000m2 of grounds provide excellent space for delightful gardens, a covered BBQ area, a swimming pool, and a children’s play area, making this a very family-friendly motel. Excellent guest car-parking. Our Vendors advise that over half of their business comes from repeat customers and referrals. Guests can also enjoy restaurants within close walking distance.

Our Vendors are offering the security of a brand new 35-year lease to a Purchaser, with a very reasonable proposed commencing rental.

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. Approximately 1 hour’s drive south of Christchurch, a myriad of activities occur in the area, including snow ski-ing (Mt Hutt), boating and water ski-ing (Lake Hood), whitewater rafting (Rangitata River), World-class trout and salmon fishing, golfing (including the International Terrace Downs golf course), skydiving, hot-air ballooning, and jet-boating. In the town itself, the new Art Gallery, Events Centre, Museum, indoor sports and pool stadium, the new Business Park, Ashburton Racecourse, and Trotts Garden of National Significance are all just a few minutes’ drive away.

Our Vendors have successfully operated this motel for over 13 years, but have now made the decision to sell as they seek other opportunities at a time their children are seeking higher education. This provides an outstanding opportunity for an astute Purchaser to obtain a well-performing business with strong growth potential – make the call NOW!


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Harcourts Grenadier RE Ltd.
For more info
Contact:

Premilla Sharma/ Athol McCully

Premilla Sharma
P- 0276 885 964 or A- 027 433 8052
Harcourts Grenadier RE
Licensed REAA 2008
Broker Ref: CIC48863

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