Coffeys - Tourism Property Brokers ltd. | LREA

30 years in business. 1984 - 2014

12 Unit City Motel Presents Affordable Opportunity

Christchurch City

Reference: 1842

Business Lease - Offers Invited

• Genuinely offered for sale by relocating vendor.
• This well positioned, central city located motel offers numerous options for a new operator.
• Continue as budget motel accommodation, being well placed in this market sector through location and price point.
• Explore other revenue options with long stay and short stay tenancy options.
• This complex has consentiently proved popular. A good client mix including tourists, domestic travellers, local clients and long stay workers and online bookings aimed at the best value accommodation in Christchurch.
• Various options for managers / owners accommodation.
• Motel is presented in well maintained condition, although further redecoration could enhance revenue and growth potential.
• Very desirable number of motel units currently operating as 1 x 2brm and 11 x 1brm units.
• Added security of a new 30-year lease from April 2016.
• This is a great opportunity for a new or experienced hands-on operator looking for a central city accommodation business, with further potential to add value and build on an established business.
• Motels at entry level pricing don't come around very often. Our recommendation is to further investigate this motel without delay.
• Phone to enquire about this interesting opportunity and take this complex to the next level.

We would welcome your enquiry on this motel for sale Christchurch via this website or by phoning ADAM BERRY on 0800 263339, DDI 03 550 0520 or 021 409 441.

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