Ashburton, South Island

Freehold Going Concern Opportunity

Land, Buildings and Business $2,200,000

Business Description

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 ---------- , DDI ---------- or ---------- .

Business Summary

Key Investment Insights

1. Rare opportunity to buy a freehold going concern, providing the purchaser with multiple options.
2. Strong revenue and profitability growth in line with the region's overall growth.
3. Newly refreshed website and efficient operational systems in place for easy day-to-day management.
4. 14 units, including a 3 bedroom home on a separate title, with a total land area of 3,703 sqm.
5. Well-maintained buildings and chattels.
6. Owners' 4 bedroom home with reception area and large double garage.
7. Member of the ASURE accommodation group and a 4 star rated property.
8. High profile exposure to passing traffic on SH1.
9. Close proximity to sporting grounds, function centres, and Lake Hood.
10. Confidentiality agreement required to access all information.
11. Information Memorandum available on the website.
12. Enquiries can be made through the website or by contacting John Connelly via phone or email.
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