Freehold Going Concern Opportunity

Ashburton
Reference: CA579
Motel / Motor Lodge
Land, Buildings and Business $2,200,000

A rare opportunity to buy a freehold going concern, giving the purchaser all options available. Operating well as a motel, however at this price what else could be considered?

This business is enjoying the growth in revenue and profitability that the region is generally experiencing. The business is supported by a newly refreshed website and great operational systems in place for a smart day to day operation to continue.

14 units including a 3 bedroom home on a separate 824 sqm title. Total land area 3,703 sqm. The buildings and chattels have been well maintained.

Owners 4 bedroom home, 2 bathrooms, with reception area and separate large double garage.

The Motel is a member of the ASURE accommodation group and is a 4 star rated property.

Located on the SH1, the motel enjoys high profile exposure to passing traffic. Close to the many sporting grounds, various Function Centres and Lake Hood.

Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same.

Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum available on our website.

We would welcome your enquiry on the Land, Buildings and Business of this Motel for sale in Ashburton via our website or by phoning JOHN CONNELLY on 0800 263339, DDI 03 550 0520 or 021 880 881.

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John Connelly

John Connelly has been involved in the Real Estate Industry since 1988 and has sold property in New Zealand, Australia and Fiji. He has also had business interests and experience in Tourism, Property Development, Business Management and Farming.

His tourism experience is broad, having owned and operated a number of accommodation and hospitality businesses. These include a 42 unit Motor Inn in Christchurch, Management Rights (92 units) on the Gold Coast, an Island Resort in Fiji ,as well as a Cafe & Restaurant/Bar in Christchurch.

John understands and relates well to people, having a common sense approach to business propositions, along with strong communication and negotiation skills. He welcomes new clients with property or businesses to sell and will work diligently with them to transact a successful sale.