Bay City Motor Lodge, TimaruListing: #CS00658
About this Business for sale in TimaruBay City Motor Lodge, Timaru
Bay City Motor Lodge is a beautifully maintained, spacious 12-unit motel and provides a modern and functional level of accommodation. The size of the motel complex is perfectly suited to those who are new to the motel industry or a couple looking for a more relaxed lifestyle.
The three-level complex comprises of 12 units plus a fully self-contained unit located adjacent to the manager's accommodation for guest overflow or family to stay. The 12 units offer an excellent mix, comprising of 4-2-bedroom units, 1-1-bedroom unit and 7 studio units. All units have balconies, many with views over Caroline Bay.
The exteriors and interiors are maintained to a high level and there is no outstanding maintenance required. All units have hush glass with double glazing.
There is a very comfortable open plan 2-bedroom multi-level manager's home. Upstairs has a sunroom and deck overlooking the harbour with 2 spacious bedrooms, both with walk in wardrobes. Plus, a fully self-contained unit for guest overflow or family to stay.
The motel is located near, one of the local parks, and is an easy walk to Caroline Bay and the very popular Aquatic Centre and is often used by visiting sports people who come for the many events held in the area, as well as a good base of corporate clients. Used by both national and international tourists who visit the area from the Mackenzie Country and Queenstown. It is approximately a 2-hour drive from Christchurch airport.
If you are interested in purchasing this well-established motel business lease in Timaru, please contact Murray for further information.
To find out more, go to linkbusiness.co.nz/CS00658 and press the “Enquire Now” button to complete an online confidentiality agreement.
Murray Schofield, 021 252 5565, firstname.lastname@example.org
***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.
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*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.