nzbizbuysell.co.nz/94858
Ad ID: 94858

Freehold Going Concern Motel for Sale Westport

Freehold Going Concern Motel - Vendor Finance Possible

Location:
Asking:
$1,595,000
+GST

Business for Sale Description

Freehold Going Concern Motel for Sale Westport

Modern well-presented Freehold Going Concern (no landlord!) 10-unit motel located in the main street of Westport in a prime easily-found location for visitors arriving from the South.

The motel units comprise 8 spacious studio units, and two 1-bedroom apartments, making excellent options for guests. Four upstairs units have spa baths, and two access units have spacious wet-floor showers. The complex is complemented by a 3-bedroom Manager's residence, with two bathrooms, including an ensuite for the master bedroom. Each motel unit has a kitchenette and microwave oven, and there is secure undercover bike storage on the premises, as well as excellent off-street parking for guests cars. 

This attractive Motel is an easy walk from cafes and restaurants, making it a very convenient location for guests. At the time of writing (post-Covid-19 lockdown), our Vendors are finding that units are full on several nights of the week.

This motel business shows good consistent revenue and profitability, and an experienced operator could expect to drive further business growth. This motel presents a tremendous opportunity to purchase a well-performing business, together with the property, to secure an excellent future for an astute Purchaser. 

Westport hosts tourists and domestic travellers as well as corporate visitors, and this Motel is a particularly attractive option for all of these guests. Take the opportunity offered here - it may not be repeated! Our Vendors are seeking a well-deserved retirement - make their loss your gain, enquire now! Vendor finance may be available to an approved purchaser. 

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Harcourts Grenadier RE Ltd.
For more info
Contact: Athol McCully

Athol McCully

Athol McCully
027 433 8052
Harcourts Grenadier RE
Licensed REAA 2008
Broker Ref: CIC53869

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