Napier, North Island

Premium Coastal Napier Motel Lease - 35 Units

Business Lease $1,595,000

Business Description

If size and scale are what you are looking for in a motel lease, then you have just found exactly that!

This is the opportunity to own a premium coastal motel business with 35 units, a long secure approximately 28-year lease, in a premium location just 200m from Westshore beach and approx. 5-minutes' drive to Napiers CBD and Napier’s domestic airport.

There is scope here for massive growth potential and size and scale for both hands-on operators seeking lifestyle flexibility & alternatively suited for investors looking for a stable regional hospitality asset run under management.

The business comes with the use of a sizeable, comfortable and family friendly 4-bedroom owners' accommodation, pool, and a mix of units that attracts a broad clientele.

This premium accommodation asset is also available for sale as a freehold going concern with the land and buildings also available.

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 CHRIS D’ANVERS.

Business Summary

Marketing Agent

Chris D'Anvers

Coffeys

Key Investment Insights

AI generated. Confirm details with the seller.

1. Premium coastal motel business with 35 units, offering substantial operating scale.
2. Long secure lease of approximately 28 years supports continuity of operations.
3. Located 200 metres from Westshore beach and approximately five minutes by car from Napier CBD and domestic airport.
4. A varied unit mix attracts a broad clientele.
5. Includes use of spacious, family friendly owners’ accommodation with four bedrooms and a pool.
6. Suited to hands on operators seeking lifestyle flexibility or investors seeking operation under management.
7. The listing identifies significant growth potential, supported by the motel’s size and scale.
8. Also available as a freehold going concern, including the land and buildings.