Bank this Motel Freehold | Selling by Way of Tender Closing 30 September, 5 p.m. Unless Sold Prior

Price

Refer to Broker

Profit *

$240,000

Sales Revenue

Refer to Broker

Location

Waikato Region, Hamilton

Category

Accommodation/Motel/Hotel, Freehold

Listing #

EL02790

Lindsay Sandes Headshot

Business Broker

Auckland - Ellerslie

021 895 940

+64 21 895 940

[email protected]

Hamilton Freehold Business for Sale
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Hamilton Freehold Business for Sale
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About this business for sale in Waikato Region, Hamilton

Over many years, motel freehold assets have provided low risk, secure investments for numerous investors. A superb, well constructed and well maintained Freehold has unexpectedly come to the market and is definitely bankable.

Forget low to sub 0% bank interest rates as this will out-perform the bank. Key factors to influence your strong offer by way of tender unless sold prior –

  • Waikato
  • 22 rooms, and significant owners residence
  • Built 2006 on 2418 sq mtr site
  • Lease expires November 2051
  • Rent $240,000 + gst
  • Maintenance account 3%
  • Rent reviews 3 yearly

The lessee is an experienced operator with long term, secure business and Government contracts. Occupancy is strong  and rent has been paid on time, every time. A strong lessee making for a solid passive investment.

Tenders closing 5.00pm, Wednesday 30 September 2020, unless sold prior

Talk to the vendors Exclusive agent and Links accommodation specialist, Lindsay Sandes

Please assist with completing the  “Enquire Now” button to complete an online confidentiality agreement.

Lindsay Sandes, 021 895 940, [email protected]

 

***Some details of the Freehold for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this Freehold a stock photo image may be used to represent the business.

Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.

To find out more, complete an online confidentiality agreement by clicking the button below.

Click the email alerts button to be notified of other businesses that may be of interest to you.

Lindsay Sandes Headshot

Business Broker

Auckland - Ellerslie

021 895 940

+64 21 895 940

[email protected]

For reasons of confidentiality a stock photo image may be used to represent the business for sale.

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

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