Link Business

One of the Best Motels in Chch Now For Sale

$950,000ChristchurchListing: #CS00130


Christchurch businesses for sale 


$950,000

Accommodation/Motel/Hotel businesses for sale
Motel businesses for sale, Christchurch
Refer to Broker


About this business for sale

One of the Best Motels in Chch Now For Sale

 

Leasehold Motel with secured lease.

Appealing modern 16 unit, well established Christchurch Motel located on Papanui Road in the heart of Merivale offering large,  spacious, comfortable, ground floor studio units and 2 bedroom family accommodation in a beautiful garden setting.

The Owner's residence is a well designed two storey apartment with 4 bedroom plus a study room and 2 bathroom.

Fantastic location lies1.5km from Christchurch city centre and a 10 minute walk to Hagley Park.

Heat pump heated swimming pool and Hot tub/Spa pool included for Guests to enjoy their time in the motel.

New Oven and mattress replaced recently and new painting done couple years ago.

Specialise in catering for hospital guests, corporate travellers and those looking for a wonderful holiday base in Christchurch.

A consistently well performed motel with a diverse client base. Also, this motel has an established number of regular guests from major local businesses.

With the predicted huge increase in tourist numbers visiting NZ and the current exciting redevelopment of Christchurch's city centre, this is a good time for an energetic operator to take over this well-known motel business in Christchurch.

Enquiry today, don't miss out the chance.

Call Jodi Yin for more information 021 024 52659 or 03 595 5206

Christchurch & South Island
jodi.yin@linkbusiness.co.nz
+64 3 595 5206
+64 21 0245 2659

Jodi Yin

*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.