Christchurch | Barfoot & Thompson

Christchurch

For Sale $495,000Plus GST (if any)

MOTEL BUSINESS OPPORTUNITY


• 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

Property details

Location:
Christchurch
Land area:
1350 m²
Property ID:
80647

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