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 by phoning PETER MCGRATH on ---------- , DDI ---------- or ---------- .
Business Summary
Key Investment Insights
1. Prime location on Meeanee Quay, the northern gateway to Napier City
2. Beachfront property with easy access to airport, CBD, Ahuriri Wildlife Reserve, cycleways, walkways, and Westshore beach
3. 23-unit motel complex with a variety of accommodation options including studios, one-bedroom suites, and two-bedroom units
4. Recent refurbishment has been carried out
5. Indoor, year-round heated swimming pool adds value to the business
6. Onsite restaurant operated under a separate sublease, providing additional income
7. Profitable business with potential for growth
8. Spacious 3-4 bedroom owners home attached to the motel
9. Private courtyard and double garage with work bench included
10. Confidentiality agreement required for full details of the listing
11. Motivated vendor looking to sell
12. Information Memorandum available on website
13. Enquiries can be made through the website or by phone
14. Contact details for Peter McGrath provided for further information.
