Napier, North Island
Premium Coastal Napier Motel Lease - 35 Units
Business Lease Price by Negotiation
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 by way of deadline sale. Enquire now as this will be sold.
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
Key Investment Insights
1. 35-unit premium coastal motel, offering significant scale.
2. Long secure lease of approximately 28 years, providing tenure certainty.
3. Prime location 200 metres from Westshore Beach, enhancing beachside appeal.
4. Approximately a five-minute drive to Napier CBD and Napier domestic airport, supporting both leisure and corporate demand.
5. On-site sizeable four-bedroom owners' accommodation, suitable for live-in operators or owners.
6. Pool and family-friendly facilities, widening market appeal to families and holidaymakers.
7. Mix of unit types, attracting a broad clientele and diversifying revenue streams.
8. Positioned for both hands-on operators seeking lifestyle flexibility and investors seeking a stable regional hospitality asset under management.
9. Stated scope for significant growth potential, indicating upside through operational or marketing improvements.
10. Option to purchase as a freehold going concern via deadline sale, offering alternate acquisition structures.
11. Information Memorandum available for detailed due diligence, with some information subject to confidentiality agreement.