Ad ID: 85921
Motel for Sale Palmerston North
Great Complex - Well Located
Business for Sale Description
Motel for Sale Palmerston NorthA complex with some real horsepower. 26 units including studio\'s, executive studio\'s, one-bedroom suites, two-bedroom suites and a three-bedroom apartment plus well-designed purpose built conference facilities.
Located handy to the Palmerston North CBD in a quiet street, walking distance to cafes and restaurants. New 30 year lease from possession date.
Suites are fitted out to attract corporate guests as well as catering for families and groups. The large land area affords the luxury of having all units on the ground floor and facilities including squash court, gymnasium, guest laundry, motel laundry, motel kitchen and ample off-street parking.
Owner\'s accommodation is a separate standalone three bedroom (master ensuite) home plus a double garage with internal access to reception.
The property is run under management and presents a great opportunity for new owners to take the controls of an established business with we believe growth potential.
We would welcome your enquiry on the Sale of the Business Lease of this Motel for sale in Palmerston North via our website or by phoning PETER MCGRATH on 0800 263339, DDI 06 929 7681 or 027 449 1608.
Interested In This Opportunity?