Gore, South Island
Classic Kiwi Motel Lease Opportunity in Gore
Business Lease $499,000
Business Description
Located in the welcoming Southland town of Gore, this motel offers an excellent opportunity to acquire an established accommodation business.
The motel comprises 12 units, including studios, one and two-bedroom layouts, catering to travellers, families, groups and event visitors, with capacity for up to 54 guests per night.
Accommodation is spacious and well equipped, with ensuites, full kitchens and a home-away-from-home feel. Guests benefit from a quiet setting away from the main road, parking and camera surveillance.
The generous owners' residence includes three bedrooms and garaging for up to three cars. Open-plan kitchen, dining and lounge areas create comfortable living, with reception positioned for easy operation.
The landlord is agreeable to extending the lease term by negotiation as part of the purchase process.
Gore offers light traffic, good shopping, dining and cultural facilities, and is a strong base for exploring Southland, Fiordland, Otago and the Catlins. The motel enjoys a prime location within walking distance of the town centre, cafes, bars, pubs.
Nearby demand drivers include the Multi Sports Complex, Racecourse, Town & Country Club and A&P Showgrounds, with horse events directly across the road.
Combining location, capacity, facilities and Southern hospitality, this motel represents a rare opportunity.
Purchasers may also consider the Freehold Going Concern, with land and buildings available with the lease listing, exclusively through Coffeys.
An Information Memorandum is available to download from our website coffeys.co.nz.
Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum.
We would welcome your enquiry via this website or direct to DEREK JOHNSON.
Business Summary
Key Investment Insights
AI generated. Confirm details with the seller.
1. Established 12 unit motel accommodating up to 54 guests nightly across studio, one bedroom and two bedroom layouts.
2. Spacious guest accommodation includes ensuites, full kitchens and a home away from home feel for varied visitor groups.
3. Prime position within walking distance of Gore town centre, cafes, bars and pubs, while remaining quietly set away from the main road.
4. Nearby demand drivers include the Multi Sports Complex, racecourse, Town & Country Club, A&P Showgrounds and horse events directly across the road.
5. Owners’ residence provides three bedrooms, open plan living areas, reception access and garaging for up to three cars.
6. Guest facilities include parking and camera surveillance, supporting practical motel operations and visitor convenience.
7. The landlord is agreeable to negotiating an extended lease term as part of the purchase process.
8. Purchasers may also consider the freehold going concern, with land and buildings available exclusively through Coffeys.
