MOTEL BUSINESS OPPORTUNITY

Christchurch City

$550,000

Proposed Usage
Hotel & Leisure
Floor Area
460.00 m²
Description:
Property ID
1c51625

• Located approximately 8km from Christchurch Airport, between the Airport and City Central
• Current owner has operated for almost 12 years and wants to sell the business to change the lifestyle
• This motel is equipped with 17 guest units plus a three bedroom accommodation for the business owner
• The lease will expire in 2038 after the second Right of Renewal in 2028 has been exercised
• Good sales turnover, reasonable rent, solid building and good profit, recommend purchasing the business
• Business details including lease and financials are available to receive after signing a Confidentiality Agreement
• Asking Price $550,000 + GST (if any), price negotiable
• Contact Chris Park for more information and to view

Enquire about this property

Christchurch City Area