Outstanding Motel, Stunning Price!! For Sale

LINK# 12191

Ad ID# 6230

Location: Canterbury
Category: Accommodation and Motels

Financials

Asking Price:

$499,000

Business for Sale Summary

Phoenix Motel, a pristine 5-year-old motel sited in the picturesque town of Temuka, South Canterbury, is proudly offered to the market by the sole agents. Phoenix Motel is a credit to the vendors, who have maintained the units in sparkling condition, and have built an excellent business, with a contract in place for corporate clients from a large locally-based company servicing the booming dairy industry. There is an excellent mix of unit types, which are especially spacious, with double-glazing and flat-screen TV;s. Upstairs units have balconies, and five of the 10 units have luxurious spa baths. This motel has the benefit of having no comparable competition in the town. The business is secured by a long lease, with reasonable rental. The manager;s residence is especially comfortable, with 3 bedrooms, with the spacious living area leading to a private outdoor courtyard ideal for BBQs etc. Temuka is a thriving country town within 15 minutes; drive of Timaru, South Canterbury;s major city and port. Temuka is located close to popular trout and salmon-fishing rivers, and this sport attracts a number of clients through the season. The vendors advise that there are excellent primary and secondary schools in the town, together with other very good facilities. This is a rare opportunity to obtain such a near-new motel with established performance in a very pleasant country town, and early enquiry is strongly recommended.

The images are for illustration purposes only

Contact Seller

Mention you viewed this ad on BusinessSale.co.nz

Athol McCully
Link Business Broking Ltd
MREINZ Licensed Agent REAA 2008
03 366 3394
027 433 8052

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Related Categories: Accommodation and Motels for Sale
Location: Businesses for Sale NZ > Canterbury Businesses for Sale

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