Blenheim Central, South Island

High Profile Property. Great Returns.

Business Lease $1,100,000

Business Description

Knightsbridge Court Motor Lodge has consistently achieved strong performance, as demonstrated by its solid returns for operators.

THE PROPERTY
The property boasts a spacious double-section frontage, enhancing the presentation of this 18-unit motel. The diverse mix of unit sizes offers exceptional flexibility to accommodate various guest needs. All units are maintained with high-quality fixtures and furnishings.

OWNERS ACCOMMODATION
The owner's residence features three bedrooms and two bathrooms, providing the same high quality and comfort found in the guest units, making it an ideal place for the operator to enjoy private time.

LEASE
31 lease years remaining.

GENERAL COMMENTS
Knightsbridge is directly across from Speights Ale House and Springlands Shopping Centre, which is home to Woolworths, Unichem Pharmacy, Mr Bambi Hair, Aria Beauty, Revival Cafe. Also in close proximity are 2 large retirement villages, a bowling club, Marlborough Girls' College and the brand new hockey turf.

Westwood Business Park, just a 3-minute drive from Knightsbridge, is Blenheim's fastest-growing shopping, dining, and work community. It offers a range of amenities including Pak'nSave for groceries and self-service petrol, Kmart, Chemist Warehouse, Catalyst Eatery, PGG Wrightson, Bunnings Warehouse, Farmlands, and Harvey Norman. A neighbourhood shopping complex, currently under construction, will feature smaller retail spaces and professional office space above.

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 this Business Lease of this motel for sale in Blenheim via our website or by phoning JAN GRANT on ---------- , DDI ---------- , ---------- .

Business Summary