0800 263 339

Well-presented Motel - Rising Revenue and Profits

Ashburton
Reference: CA287
Motel / Motor Lodge
Business Lease $495,000

Despite the headwinds through Covid lockdowns and general business interruptions, this motel has produced some pretty impressive results.

Many improvements have been made in recent times, all units now offer heat pump air-conditioning, latest smart TVs and high-speed Internet throughout.

Most of the hard work has been done, with the figures now growing, the opportunity presents itself to the next operator to carry on and continue the growth in revenue, profitability and business value. With what has been achieved through these difficult times, we see great potential for further gains in the hands of a good operator.

15 well-presented units, all ground floor with plenty of off-street parking. A good unit mix complemented by a heated swimming pool. Set back from the road, the motel provides a good standard of accommodation in a peaceful environment.

A separate two story three-bedroom, two-bathroom owners' residence, with downstairs master bedroom. The spacious sunny living area opens out to a private courtyard for some time out at the end of the day.

Ashburton is a delightful town in which to operate this type of business, with a wide range of facilities and attractions available.

At this ingoing price, this is a real opportunity for upside.

Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same.

Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum available on our website.

We would welcome your enquiry on the Business Lease of this Motel for sale in Ashburton via our website or by phoning JOHN CONNELLY on 0800 263339, DDI 03 550 0520 or 021 880 881.
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John Connelly

John Connelly has been involved in the Real Estate Industry since 1988 and has sold property in New Zealand, Australia and Fiji.  He has also had business interests and experience in Tourism, Property Development, Business Management and Farming.

His tourism experience is broad, having owned and operated a number of accommodation and hospitality businesses. These include a 42 unit Motor Inn in Christchurch, Management Rights (92 units) on the Gold Coast, an Island Resort in Fiji ,as well as a Cafe & Restaurant/Bar in Christchurch.

John understands and relates well to people, having a common sense approach to business propositions, along with strong communication and negotiation skills. He welcomes new clients with property or businesses to sell and will work diligently with them to transact a successful sale.

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