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MOTEL BUSINESS OPPORTUNITY

Canterbury - Address withheld

Tourism
dollar

$495,000 Plus GST (if any)

Floor area
460m2
Land area
1350m2
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Business details

Listing # 80647 | Listed on 13 April 2022

• Located approximately 8km from Christchurch Airport, between the Airport and City Central

  • Current owner has operated for almost 14 years and wants to sell the business to move overseas
  • This motel is equipped with 17 guest units plus a three-bedroom accommodation for the business owner
  • The lease will expire in 2038, and 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 reduced to $495,000 + GST
  • Contact Chris Park for more information
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