Asure Chelmswood Motel, Taupo
About this business for sale in Central North Island AreaAsure Chelmswood Motel, Taupo
This very well known eye catching 36-unit motel has three separate motel blocks with a central paving stone courtyard. The one level, Tudor style motel constructed of battened fiberboard with aluminum joinery and concrete roof tiles, is sited on 2 acres of land across the road from the magnificent Lake Taupo. The unique configuration can cater for families, corporate and tour buses with ample parking for all requirements. The Chelmswood offers a charm and quality that is not often found in more modern complexes.
A real bonus is the thermal bore which supplies hot water to the units, heats the outdoor swimming pool and reticulates around the complex on demand.
The world famous trout fishing, proximity to ski-fields, wilderness adventures, thermal facilities etc make the ASSURE branded Chelmswood a wonderful all year destination for tourists and family holidays.
- High profile location with the fabulous lake at the doorstep
- Long lease
- Two peak season motel business with well-established clientele
- Cost-saving thermal water supply
- Views of the lake from a large number of the rooms.
The 36 single level units are very spacious, each with slide doors to sunny patio. 24 of the units have their own hot mineral pools; hugely popular with visitors. All units are thermally heated by way of reticulated under floor heating. The 36 units are configured as follows:
24 x studio units
6 x family units
5 x one bedroom units
1 x two bedroom unit
There is an additional conference room facility available for up to 12 people, along with a travelers display room.
The large reception area adjoining the owners quarters. Excessive parking for extra guests, boats, trucks, trailers and yes helicopters.
The owner's home offers 4 x spacious bedrooms, separate lounge, dining and big kitchen on the second level coupled with views of the lake.
*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.