Greymouth, South Island
12 Spacious Units - Great Figures and Growing
Business Lease $850,000
Business Description
This complex is situated on a generous site in a high profile location, on Greymouth's "Motel Mile". It enjoys excellent street presence with a wide frontage to the road and is the closest motel to the ever expanding Grey Base Hospital.
The financial results for this operation attest to the satisfaction of guests, with all the 12 ground floor units having been continuously upgraded over time. The opportunity exists for the next operator to continue to reap the rewards of the many improvements made.
The business is secured by a long lease. Greymouth enjoys the lucrative profits from the strongly recovering West Coast tourism industry. Also, a steady corporate trade year-round with many loyal repeat clients.
Completing the picture is a well above average owner's residence, with four spacious bedrooms as well as large living areas opening to a private garden area. Operational infrastructure is also top-notch, including large office/reception, motel laundry and guest laundry facilities.
Inspection will not disappoint.
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 Greymouth via our website or by phoning KELVYN COFFEY on ---------- , DDI ---------- or ---------- .
Business Summary
Key Investment Insights
1. Prime location on Greymouth's "Motel Mile" with excellent street presence and close proximity to the expanding Grey Base Hospital.
2. 12 spacious, ground floor units continuously upgraded to ensure guest satisfaction.
3. Strong financial results and steady corporate trade year-round.
4. Long lease in place.
5. Well-above average owner's residence with four spacious bedrooms and large living areas.
6. Top-notch operational infrastructure including large office/reception, motel laundry, and guest laundry facilities.
7. Confidentiality agreement required for full disclosure of details.
8. Information Memorandum available on website.
9. Opportunity for next operator to continue reaping the rewards of previous improvements.
10. Lucrative profits from the recovering West Coast tourism industry.
11. Loyal repeat clients.
12. Inspection will not disappoint.
