Property listing ID: 80647
Located approximately 8km from Christchurch International Airport, between the airport and city central. This motel is equipped with 17 self-contained guest units plus separate three bedroom accommodation for the business owner. The motivated vendor/owner has operated for almost 15 years and is keen to sell the business to move overseas. The lease expiry is in July 2038 with an extension available (optional per the landlord). Asking price reduced to $395,000 plus GST (if any). Business information including lease and financials are available only to receive after signing a Confidentiality Agreement. KEY FEATURES: • Stable sales turnover • Reasonable rent • Good profit • Solid building structure
Listed by Barfoot & Thompson , Chris Park (North Shore Commercial)