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Ashbury Park Motel Leasehold Business In Timaru For Sale

Timaru, Canterbury, New Zealand
Asking Price:
$575,000 (NZD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Leasehold interest business for sale – Asking $575,000 + GST (if any)

Here is a unique opportunity to be the business operators of this very lucrative Motel in Timaru, Canterbury, New Zealand.

A great entry-level motel complex with 09 rooms, good profits and a fantastic lifestyle. Timaru is a commercial stopover and hub between Christchurch and Dunedin and it is a busy beach town with great weather.

Key features

• Just 5 minutes walk to shopping, department stores, beach, restaurants, bars and activities
• Located within 2-hours from the Christchurch City
• A fantastic high profile location with the main highway on one side and Ashbury park on the other
• With Timaru being a commercial hub, the motel accommodates many contractors and their clients
• As a region Timaru is the host for many events and the motel is full-house on most event nights
• Plenty of parking for trucks
• A strong repeat business base of corporate and leisure clients
• A good set of long stay bookings
• The motel is fully renovated with new flooring, bathrooms and linen
• A comfortable and fully renovated 2 bedroom owner’s home (with office) plus garage.
• The business is perfect for a couple or a young family
• There is more than 25 years left in the lease
• Opportunities to further improve the revenue and profitability
• Fantastic forward bookings

Location

Located opposite Ashbury Park, we are within a short walking distance to the beach, coastal walking tracks and a shopping mall and supermarket. Restaurants, including Japanese, fish and chips, Thai, Chinese and Indian are also within 5 mins walk. KFC and McDonalds are also within 5 mins walking distance. Briscoes, RE Burger, Liquor Store, Snap Fitness Gym, SuperCheap Auto, etc are all within an easy walking distance.

Here is a unique opportunity and it is priced to sell. Be quick to be a part of this entry-level and lucrative tourism business.

For more information or to arrange your private viewing, please contact specialist Accommodation Business Broker, Dilan De Silva.

Property Information

Real Estate:

Lease

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