Coffeys - Tourism Property Brokers ltd. | LREA

30 years in business. 1984 - 2014

Prime Position & Profitability. 35 Year Lease

Picton

Reference: 2838

Business Lease $1,395,000

Enjoying a high profile location close to the town centre, this motel has all the right ingredients for success. Presented in top condition, the complex will appeal to purchasers seeking an established business with steady revenue levels.

This 18 unit complex is often admired as it occupies a prime high-profile site. The modern design ads to the street appeal and contributes to the strong demand for accommodation throughout the year. With good exposure on the main route towards the Ferry Terminal, this motel is just 350 metres from the town centre.

A good range of facilities is available for guests wishing to enjoy a coffee or dine out in the various eateries close by. The units are well presented and have been tastefully decorated throughout. Quality chattels are provided to ensure guests can relax in their well-appointed rooms, some of which feature spa baths all have air conditioning.

Picton is a delightful town, bustling with visitors using the Inter Island ferry service. The town has developed well in recent years and provides a good range of facilities to service the high volume of visitors that pass through the area. Considered by many as the gateway to the Marlborough Sounds, there are many opportunities for boating or fishing in the vicinity, which adds to the appeal of this location. Nestled in a province of water, wine and wilderness, Picton is the perfect place for a mid-travel break or relaxing weekend.

We would welcome your enquiry on the Business Lease at $1,395,000 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.

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