Christchurch Central, South Island
Location - Does It Get Any Better Than This?
Business Lease $750,000
Business Description
Christchurch Central City, 19 units under long-term lease, next to the new multi-purpose fully roofed Te Kaha Stadium.
The structure of these leases is the most favourable we have ever seen for the operator, for a number of reasons.
A well-established Christchurch accommodation icon, totally refurbished in 2006 to 2007. The rooms are spacious, with the smaller studios being some 30sqm and the larger ones around 38sqm.
Good three-bedroom managers accommodation included in the package.
Excellent steady trading results showing good growth - but what does the future hold for this location? A grand opportunity it would seem.
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 JOHN CONNELLY on ---------- , DDI ---------- or ---------- .
Business Summary
Key Investment Insights
1. Prime location: The motel is located in the central city of Christchurch, next to the new Te Kaha Stadium, making it an ideal location for tourists and visitors.
2. Long-term leases: The 19 units are under long-term leases, providing stability and consistent income for the operator.
3. Favorable lease structure: The structure of the leases is highly beneficial for the operator, with several advantages that make it an attractive investment opportunity.
4. Established and refurbished: The motel is an established accommodation icon in Christchurch and has been completely refurbished in recent years, ensuring high-quality and modern facilities for guests.
5. Spacious rooms: The rooms are spacious, with the smaller studios being 30sqm and the larger ones around 38sqm, providing comfortable and luxurious accommodation for guests.
6. Manager's accommodation included: The package includes a good three-bedroom manager's accommodation, providing convenient on-site living for the operator.
7. Steady trading results: The motel has shown excellent and consistent trading results, with steady growth over the years.
8. Potential for future growth: With the new stadium and ongoing development in the area, there is potential for even more growth and success for this location in the future.
9. Confidentiality: Some details of the listing are confidential and can only be disclosed upon completion of a confidentiality agreement, ensuring the privacy and security of the business.
10. Information memorandum available: Interested buyers can access an Information Memorandum on the motel's website, providing all the necessary details and information about the business.
11. Experienced broker: The sale is being handled by an experienced broker, John Connelly, who can provide further information and assistance to interested buyers.
