Ad ID: 79777 Inactive

12 Unit Motel for Sale Blenheim

Prime Location - Great Returns

Location:

Business for Sale Description

12 Unit Motel for Sale Blenheim

If you are looking for a motel with great returns and a long lease, Ashleigh Court Motel is the one you should be looking at. It is in the centre of Blenheim CBD and only a stroll to the Blenheim\'s favourite restaurants and boutique shopping.

THE PROPERTY:
Ashleigh Court offers a very good mix of 12 units to maximise the return to the owners. Accommodation provided ranges from studio units, one-bedroom units and roomy two-bedroom units, some with spa baths. The business attracts good numbers of domestic and international guests and has a good steady corporate base.

OWNERS RESIDENCE:
This 4-bedroom home is certainly a residence that you would be proud to call home with well laid out kitchen, large dining area that could also be used as a second living area, a separate lounge which opens to a private courtyard. The office and reception area flows well from the living area. One bedroom is downstairs with toilet alongside, upstairs there are three bedrooms, master with walk-in wardrobe and ensuite and another bathroom to service the second and third bedrooms. On the practical side of things, the operators have the benefit of a double garage with internal access.

EXTRA FACILITIES:
Solar-heated swimming pool.
Childrens play area with trampoline, swing and slide.
Guest BBQ.

LEASE:
This business has a long lease of 33 years, a bright future and plenty of upside being priced to current market conditions by a genuine seller.

Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same.

We would welcome your enquiry on the Business Lease at $750,000 of this Motel for sale in Blenheim via our website or by phoning ROSS or JAN GRANT on 0800 263339, DDI 03 553 1018, Ross 027 448 9160, or Jan 027 544 1949.

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