Coffeys - Tourism Property Brokers ltd. | LREA

30 years in business. 1984 - 2014

This Motel Ticks All The Boxes. Long Lease.

Blenheim

Reference: 2499

Business Lease $789,000

THE PROPERTY
Centre Court Motel is located right in the centre of town, a short walk to cafes, bars and other amenities, this business shows consistently good revenue and profitability.

12 units afforded the luxury of being all ground floor due to the large land size. The rooms are beautifully appointed and the operators have been careful to maintain the property to a high standard. The property enjoys a wide frontage to the street and great street appeal.

OWNERS ACCOMMODATION
The owner's residence is above average, with three plus bedrooms and double garaging.

LEASE
This business has a long lease and a bright future in a today's market.

GENERAL COMMENTS:
Centre Court Motel is well situated within the township of Blenheim, being only a short stroll to the CBD and ideally suited for corporate and leisure clientele alike. The locality is well serviced with food and beverage outlets. The business has a long lease, a bright future and plenty of upside being priced to current market conditions by genuine sellers.

Motels in the Marlborough area are sought after as guests choose to stay in the Gateway to the South; It's about New Zealand's largest winegrowing region which produces 77% of the country's wine, It's about fresh seafood sought by the world's finest chefs, It's about diverse landscapes, from valleys of vines to sheltered waterways of the Marlborough Sounds.

Marlborough Sounds is a mecca for all things coastal. As a haven for wildlife, a treat for landscape-lovers, and an area steeped in history, the Marlborough Sounds makes the perfect setting for some awesome activities. So whether you are into mountain biking, hiking, watching wildlife, or just relaxing, you will certainly find some awesome activities in the Marlborough Sounds.

We would welcome your enquiry on this Business Lease at $789,000 of Centre Court Motel for sale in Blenheim via this website or by phoning ROSS or JAN GRANT on 0800 263339, DDI 03 553 1018, Ross 027 448 9160, or Jan 027 544 1949.

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