Ad ID: 89836

Successful Hotel for Sale Vanuatu

Well Managed Hotel in Portvila-Vanuatu Islands

By Negotiation

Business for Sale Description

Successful Hotel for Sale Vanuatu

This very well managed enterprise; property and business featuring 27 rooms, would be ideal for an owner/operator(s), who wants to work as well as play in paradise, pursing other lifestyle interests Portvila City has to offer.

The hotel is 3 minutes\' walk from local restaurants and shops and 15 minutes\' drive away from the International Airport. Zoned for commercial and ideally located only a short walk from the town centre, the lovely hotel features a number of freestanding buildings and a variety of accommodation types.

The location is vastly known, and the business is a reliable base for the mid-market and the budget travellers as well as interisland travellers. The surrounding area is well elevated and as a result, not at risk from flooding or tsunami we are told.

The accommodation suites comprise 1 apartment, 2 family rooms, 2 studios, 9 comfort rooms, 5 standard rooms, 7 budget rooms and 1 dormitory room. All rooms offer a range of standard services and amenities which will be available upon request along with a detailed Information Memorandum.
The leasehold land title is for 75 years from 30th July 1980 and therefore has 35 years remaining.

There is a fully integrated reservation system and the hotel is ranked 8.1 by and 4.0/5 Good by Expedia, boasting dozens of positive reviews. All the hard work has been done – everything is there for new owners to walk in and make an excellent return from day one.

A brand new area with restaurant and bar has been opened early this year, for guests and other visitors, boosting the total revenue.

The business is being sold going concern.

Asking price: By Negotiation for leasehold property and business.

Visit and submit the online Confidentiality Agreement. Following that Paolo will be in touch with more information.

Licensed REA 2008. Copyright Barker Business Brokerage 2020.

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For more info
Contact: Paolo Delmonte

Paolo Delmonte

Paolo Delmonte
021 507116 or 09 925 8773
Barker Business Brokerage
Licensed REAA 2008
Broker Ref: BBS2571

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