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

Marketing Agent

Derek Johnson

Coffeys

Key Investment Insights

AI generated. Confirm details with the seller.

1. Established 12 unit motel lease opportunity accommodating up to 54 guests nightly.
2. Unit mix includes studios, one bedroom and two bedroom layouts for varied guest requirements.
3. Spacious units feature ensuites and full kitchens, supporting comfortable longer or shorter stays.
4. Quiet setting away from the main road, with parking and camera surveillance.
5. Owners’ residence includes three bedrooms, open plan living areas and garaging for up to three cars.
6. Reception is positioned within the residence, supporting convenient day to day operation.
7. Prime location within walking distance of Gore’s town centre, cafes, bars and pubs.
8. Nearby Multi Sports Complex, Racecourse, Town & Country Club and A&P Showgrounds provide identifiable demand drivers.
9. Horse events are held directly across the road, adding a particularly relevant nearby attraction.
10. Landlord is agreeable to negotiating an extended lease term as part of the purchase process.
11. Purchasers may also consider acquiring the freehold going concern, including land and buildings.