Link Business

Outstanding Motel Close to City Centre

Refer to BrokerChristchurchListing: #CS00140

About this business for sale in Christchurch

Outstanding Motel Close to City Centre

Outstanding in every way. This well maintained motel earns many favourable comments from guests, and has won numerous awards for excellence. Well established with many local return guest as well as national and international visitors. The buildings are of a unique and eye catching style, creating a great profile in a prime location very close to the city centre.

Key Features

  • Award winning business/excellent returns/commanding tariff
  • Great location- close to city centre, Hagley Park, Casino and many other attractions
  • Good selection of cafes, restaurants and bars within an easy walk
  • Very attractive 27 year lease – Expires 30 October 2045.
  • Extremely well maintained with quality chattels throughout
  • 2 bedroom owners’ home with private courtyard, also small studio/3rd bedroom or 15th unit
  • 14 well-appointed and spacious units with heat pumps recently fitted

Accommodation

14 spacious units. Well equipped kitchen or kitchenette in all units. Heat pumps recently installed in all units and owners accommodation.

  • 4 studio units
  • 8 one bedroom units
  • 2 two bedroom units

Here’s your opportunity to own a very profitable business with an excellent income.

Inspection will impress. Contact Sally now for more information.

To find out more, press the “Enquire Now” button to complete an online confidentiality agreement.

***Some details of the business 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 business a stock photo image may be used to represent the business. Please contact the broker for further details.

Christchurch & South Island
sally.everitt@linkbusiness.co.nz
+64 3 366 3394
+64 21 988 138

Sally Everitt

Enquire Now

*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.