Ashburton, South Island

Freehold Going Concern Opportunity

Land, Buildings and Business $2,450,000

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 with all options available.
2. Operating well as a motel with potential for other uses.
3. Enjoying growth in revenue and profitability.
4. Newly refreshed website and operational systems in place.
5. 14 units including a 3 bedroom home on a separate title.
6. Total land area of 3,703 sqm.
7. Well-maintained buildings and chattels.
8. Owners' 4 bedroom home with reception area and double garage.
9. Member of ASURE accommodation group and 4 star rated.
10. High profile exposure to passing traffic on SH1.
11. Close to sporting grounds, function centres, and Lake Hood.
12. Confidentiality agreement required for further details.
13. Information memorandum available on website.
14. Contact John Connelly for more information.
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