Exceptional Motel Business Close to City Centre.Listing: #CS00455
About this Business for sale in ChristchurchExceptional Motel Business Close to City Centre.
If you are looking for a larger, top performing motel complex that is extremely well presented, with quality chattels, in one of the best locations, this could be the one. Did we mention the long lease?!
The motel comprises of 23 units, with a good mix of compact and superior studio units, one bedroom units and 7 apartment style 2-3 bedroom apartments. This complex is suitable for a wide range of people, from corporate guests through to people visiting Christchurch, including family groups.
The apartments are spacious and have recently been totally refurbished, including new bathrooms and double-glazing.
An added bonus is the manager’s accommodation, which is a very comfortable residence with good sized open plan living and 3 bedrooms, (master with ensuite).
The new Northern Corridor motorway, due to be completed in 2020, joins Bealey Avenue at the intersection with Sherborne, which is very close to the motel.This will greatly increase the traffic flow in this area.
The location is within a reasonable distance from the city centre, its many attractions and activities. These include the newly refurbished Town Hall, the very popular Margaret Mahy Children’s playground, the Casino, and the new City Library to name a few. Future development nearby includes the Convention Centre and the Stadium. There is a good selection of cafes and bars close to the motel for guests to enjoy.
As well as having many loyal repeat guests, including regular corporate clientele, the motel is a member of a well-known and respected accommodation group, which ensures a good flow of travellers.
Currently one of the best motel business opportunities in Christchurch, call 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.
+64 3 366 3394
+64 21 988 138
*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.