Napier, North Island
This Motel Has Location
Business Lease $985,000
Business Description
Situated on Meeanee Quay, the northern gateway to Napier City. This beach front 23-unit motel complex is handy to the airport, CBD, Ahuriri Wildlife Reserve, cycleways, walkways & Westshore beach for safe swimming.
Offering a great mix of accommodation, with studios (standard, executive and premier executive), one-bedroom suites (standard and executive) and two-bedroom units. Recent refurbishment has been carried out.
A huge bonus here is a sizable indoor, year-round heated swimming pool, with plenty of room for the kids to run around in. There is an onsite restaurant which is run under a separate sublease ... so you don't need to run it, just enjoy the business that it brings through the door.
Located right on the Pacific Ocean this well-presented profitable business is waiting for new owners. A large, spacious 3-4 bedroom owners home plus private courtyard attached and a double garage with work bench completes the picture.
Enquire today, our vendor is wanting to sell.
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 Napier via our website or direct to PETER MCGRATH via SMS ---------- , E: ---------- .
Business Summary
Key Investment Insights
1. Prime location on Meeanee Quay, the northern gateway to Napier City
2. Close proximity to airport, CBD, Ahuriri Wildlife Reserve, cycleways, walkways, and Westshore beach
3. 23-unit motel complex with a variety of accommodation options
4. Recent refurbishment has been carried out
5. Indoor, year-round heated swimming pool
6. Onsite restaurant operated under separate sublease
7. Profitable business with potential for growth
8. Spacious 3-4 bedroom owner's home with private courtyard and double garage
9. Confidential details available upon completion of confidentiality agreement
10. Motivated vendor looking to sell
11. Information Memorandum available on website
12. Business lease opportunity
13. Contact Peter McGrath for more information.