Christchurch Central, South Island
Location Location Location
Business Lease $510,000
Business Description
This 27-year-old 11-unit motel complex, is of modern design and construction, finished to a high standard and facing north for the best use of sun.
The property is on the main route into the city from the north and being close to the four avenues of Christchurch, the motel is on the doorstep of many local attractions and icons of Christchurch.
The property has been well maintained over the last 27 years and is a credit to the current lease holder who obviously enjoys their tenure while operating this well-known property.
Recent new development in the area points to an increasing business sense and confidence in the area. Having a group of shops with large supermarket only a few minutes away by foot, adds to the reason to stay here rather than right in the city. Several new house renovations in the area have added a new breath of life into the St Albans area and new townhouses and apartments are springing up to complement the increased population of this easy access suburb.
The Manager's accommodation is well thought out, with excellent work areas, an open plan dining/lounge/kitchen with three generous bedrooms upstairs and a balcony for that summer afternoon BBQ, plus a spacious office with large reception area.
This is a sought after property with bags of potential - for a savvy operator.
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 ANTHONY DAWSON on ---------- , DDI ---------- or ---------- .
Business Summary
Key Investment Insights
1. The motel complex is 27 years old and consists of 11 units.
2. The property is of modern design and construction and is finished to a high standard.
3. The motel faces north for the best use of sun.
4. It is located on the main route into the city from the north.
5. The motel is close to the four avenues of Christchurch and many local attractions.
6. The property has been well maintained over the last 27 years.
7. Recent new development in the area suggests increasing business sense and confidence.
8. The motel is in close proximity to a group of shops with a large supermarket.
9. Several new house renovations in the area have added new life to the St Albans area.
10. New townhouses and apartments are being built to accommodate the increased population.
11. The Manager's accommodation is well thought out and includes excellent work areas.
12. The Manager's accommodation also features an open plan dining/lounge/kitchen and three generous bedrooms.
13. The property has a balcony for summer BBQs and a spacious office with a large reception area.
14. The property has potential for a savvy operator.
15. Some details of the listing are confidential and can only be disclosed upon completion of a confidentiality agreement.
16. The Information Memorandum is available on the website.
17. Enquiries can be made through the website or by phone.
18. The contact person is Anthony Dawson.
19. The phone number is available on the website.
20. The property is a sought after one with potential for growth.
