Well Positioned Christchurch Lease

Christchurch City
Reference: CA484
Motel / Motor Lodge
Business Lease $850,000

This 16 unit property has had a complete makeover with painting inside and out being completed in the last 6 months.

It is well presented with modern up-to-date furnishings and fittings. There is a new washing machine and gas dryer capable of handling full onsite laundry if so required. The guests' laundry also has a new washing machine and dryer.

Owner's accommodation is a feature with 4 bedrooms, 2 with ensuites and another main bathroom and an extra toilet downstairs. Good large open plan lounge and kitchen.

This business has had a very good year of trading ending March 23 and the current year's figures are ahead of last year. Close to airport and city and to large shopping areas, also with convenience shopping across the road this property has a lot to offer.

Hospitality is on the rise, now is the best time to buy, don't miss this opportunity.

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 Business Lease of this Motel for sale in Christchurch via our website or by phoning INKY STOVE on 0800 263339, DDI 03 550 0471 or 021 182 6940.

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Inky Stove

Inky joined Coffeys after spending over 20 years in the hospitality industry. The first five years were managing a group of four hotels and the last 15 successfully running his own hotel, where he was the longest standing publican in a hotel that was first opened in 1867.

Many changes in regulations in this industry has required lateral thinking and creative actions to stay competitive. It is this philosophy that Inky brings to Coffeys along with outstanding service to his clients, which has been the cornerstone of his success in the industry.

Inky and his wife Paulette have raised two sons and two daughters and have six grandchildren. His leisure activities include rugby, cricket and golf, as well as family and friends.