Ad ID: 86236

Motel for Sale Greymouth

Vendor Wants Sold - Big Price Reduction

Location:
Asking:
Business Lease $395,000

Business for Sale Description

Motel for Sale Greymouth

Very profitable business secured by long-term registered lease.

This property sits in a prime position overlooking the town centre, just a short walk and the closest motel to the Greymouth CBD and train station.

This motel continues to trade well post lockdown. Revenue over the past few months is well up on the same period in previous years.

The business is also positioned with close access to the start of the West Coast Wilderness Cycle Trail and will no doubt benefit from the just opened Paparoa Track, which is now New Zealand\'s 10th Great Walk.

16 units with a good mix of accommodation options, catering well to both the domestic tourist and corporate markets. Rave reviews on Trip Advisor attest to the guest satisfaction. Having received the Trip Advisor Certificate of Excellent for six years in a row, puts the property into the Travelers Choice Hall of Fame.

Owners accommodation is above average, with four bedrooms in a home which was also refurbished. After a hard day\'s work, the owners can view the sunset from the balcony overlooking the town.

The business has an excellent history of good revenue and profitability. The vendors have priced realistically and are genuine sellers. A great opportunity in this price range.

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.

Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum available on our website.

We would welcome your enquiry on the Business Lease of this Motel for sale in Greymouth via our website or by phoning KELVYN COFFEY on 0800 263339, DDI 03 550 0459 or 027 432 0565.

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For more info
Contact: Kelvyn Coffey

Kelvyn Coffey

Kelvyn Coffey
027 432 0565 or 03 550 0459
Coffeys Tourism Property Brokers Ltd
Licensed REAA 2008
Broker Ref: 3766

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