Ad ID: 94731
Motor Inn for Sale Palmerston North
Profit Comes With Size
Business for Sale Description
Motor Inn for Sale Palmerston NorthLocated on one of the main arterial roads into Palmerston North on Main Street coming in from The Saddle Road this Motel has the size and options to cater for a diverse market.
There are 40 units, 35 studio and twin studio units, 2 x one-bedroom executive units, 2 x two-bedroom apartments and 1 x three-bedroom apartment. The studio suites all have cooking facilities and the one & two bedroom apartments have full cooking facilities with spacious lounge. The three-bedroom apartment has a full kitchen and two showers/toilets. A wonderful unit for families, teams or large groups. All units have been recently refurbished.
Facilities include motel/guest onsite large kitchen, motel laundry, guest laundry, BBQ area and ample camera monitored parking. Extra land is leased at the rear for truck parking and is available.
The residence has three bedrooms, two bathrooms and open plan living. Good internal access to the reception lounge and a private courtyard.
An amazing opportunity to establish yourself in the accommodation industry with 40 different units to cater for all sectors of the market. Capitalise on owning a business performing well and one that is ready to cater for the increase in demand for accommodation with major projects coming on stream (new Manawatu Tararua Highway, Windfarm). Inspection by appointment only.
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 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?