An exciting opportunity exists to acquire a long lease for a thriving motel business located right in the heart of Picton. This completely refurbished complex provides 12 motel units, all with stunning views over the waterfront. The view from the well appointed two-bedroom manager’s apartment is also stunning. The living area opens to a sunny deck which looks directly over the sparkling waters of the Marlborough Sounds.

Seldom are we able to offer a motel business for sale that has the benefit of all rooms enjoying the magnificent views over the waterfront. Located within a ‘stones throw’ of the town centre, this complex is central to all local attractions including the Inter Island Ferry Terminal. Picton provides sheltered facilities for a wide range of water craft and guests at this complex can observe this activity from the comfort of their rooms.

This well established complex is situated on an elevated site overlooking the township and was completely refurbished within the last three years. The ‘easy care’ nature of this property would ensure a relaxing environment in which to operate a busy motel in pleasant surroundings. The 12 generous size motel units are spread over three levels, with each room enjoying similar views and individual balconies, while guests on the lowest level have a grassed area for use as well. All rooms are self-contained and the top quality chattels used throughout ensure a comfortable stay for guests. All chattels were replaced during the refurbishment programme and the Qualmark ‘Four Star Plus’ grading recognises the high level of room presentation achieved.

Business performance this year shows continued improvement when comparing with the same period last year.  The average yield continues to improve which is against the general trend experienced by many other operators at this time. 

Picton is a delightful town, enticing many visitors to enjoy the local attractions or to use the Inter Island Ferry service. The mild climate and abundant recreational opportunities provide an ideal location for visitors to share the natural beauty surrounding the township.  This business is well situated within the township, has the advantage of waterfront views and is trading very well. A good number of guests that stay at this motel have visited previously, which is a testament to their satisfaction with the facilities.

We would welcome your enquiry on this motel for sale in Picton via this website or by phoning KELVYN COFFEY on 0800 263339, DDI 03 550 0459 or 027 432 0565.