CHCH Motel Prime Location Great Opportunity
About this business for sale in ChristchurchCHCH Motel Prime Location Great Opportunity
Leasehold motel with 22 years lease to run.
Well designed, appealing two storey modern complex.
Prime Riccarton Road location, lies 5km from the Christchurch Casino and 7km from both Hagley Park and the International Antarctic Centre and is within an easy walking distance of Westfield Riccarton Mall.
The owner’s residence is a very comfortable 3-bedroom apartment with bathroom plus a downstairs toilet.
A good mix of 11 units, consisting of 2 x 2-bedroom units, 5 x studios, 4 x 1-bedroom units.
All fittings and fixtures are in excellence condition.
A consistently well performed motel with a diverse client base. Also, this motel has an established number of regular guests from major local businesses.
Today's one of the best chance in Christchurch, don't miss it out.
Call Jodi for more information 021 024 52659 or 03 595 5206
+64 3 595 5206
+64 21 0245 2659
*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.