0800 263 339

One of Timaru's Best Performing Motels

Timaru
Reference: 1958
Motel / Motor Lodge
Land, Buildings and Business - Deadline Sale by 4pm 25 September 2020

This motel is 4.5 star ASURE rated and ranked No # 1 on Trip Advisor in Timaru, with a strong loyal corporate, tourist, and domestic traveller client base.

18 units with an excellent mixture of studios and one & two bedroom units, including a separate 3-bedroom house. Plenty of options here for accommodating guests.

Owners' home is a wonderful spacious 4-bedroom 2-bathroom house presented to a high standard.

The buildings and chattels have been maintained to very high standard, there appears to be little to spend here in the short term. The business is supported by a wonderful website and great systems in place for new owners to hit the ground running.

We are pleased to be able to report that Timaru is trading quite steadily despite the Covid-19 situation. We are informed that as each month goes by the reduction in comparative occupancy rates (compared to earlier years), is easing.

Our vendor is retiring after 11 years and now passing on a financially strong & sound business.

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 Timaru 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.

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