Kaikoura, South Island
Luxury Waterfront Motel Accommodation - 15 Units
Business Lease $695,000
Business Description
An inspection will show why this property has won Tripadvisor's Travelers' Choice award in 2023 and is rated number 1 of 11 motels in Kaikoura on Tripadvisor. Just read the reviews - the guests love it!
The current owner operators of the last 10 years have spared no expense in maintaining, upgrading and presenting the property to a very high standard.
The owners' accommodation is above average for a motel. It has access to a private courtyard to give the operators some personal time out. The ground floor is comprised of an open plan living area with heat pump and gas fire, from which access can be gained to the office and a private study. Upstairs there are three bedrooms plus a bathroom and toilet.
This complex has an excellent history of strong trading and the business is secured by way of a long-term a registered lease.
Motels of this calibre don't come to the market too often.
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 Kaikoura via our website or by phoning KELVYN COFFEY on ---------- , DDI ---------- or ---------- .
Business Summary
Key Investment Insights
1. Highly rated and awarded property: The motel has won Tripadvisor's Travelers' Choice award in 2023 and is currently rated number 1 out of 11 motels in Kaikoura on Tripadvisor.
2. Positive guest reviews: The property has received numerous positive reviews from guests, indicating a high level of satisfaction with the accommodation.
3. Well-maintained and upgraded: The current owners have invested in maintaining and upgrading the property to a high standard.
4. Above-average owners' accommodation: The owners' living quarters are above average for a motel, with a private courtyard and multiple rooms.
5. Strong trading history: The motel has a history of strong trading, providing a secure business opportunity for potential buyers.
6. Long-term registered lease: The business is secured by a long-term registered lease, providing stability for the new owner.
7. Rare opportunity: Motels of this caliber are not often on the market, making this a unique opportunity for potential buyers.
8. Confidentiality agreement required: Some details of the listing are confidential and can only be disclosed upon completion of a confidentiality agreement.
9. Information memorandum available: A detailed information memorandum is available on the website for interested buyers.
10. Experienced broker: The sale is being handled by an experienced broker, providing professional assistance and guidance throughout the process.