Businesses for sale
|
|
|
|
|
|
Up to $100,000
|
|
|
$100,000 to $250,000
|
|
|
$250,000 to $400,000
|
|
|
$400,000 to $600,000
|
|
|
$600,000 to $800,000
|
|
|
$800,000 to $1m
|
|
|
$1m to $1.5m
|
|
|
Over $1.5m
|
|
|
|
|
|
|
|
|
|
|
Location Location Location PLUS
We will email you businesses that match your criteria as they become available.
Set up alerts
The Riverside of Cambridge opportunity is an exciting proposition as it holds enormous potential for a wide variety of uses. It is currently run as a 34 room Motor Lodge featuring a large conference and function venue, within 5 minutes walk to the Cambridge town centre.
The vendors purchased the land, buildings and business in 2007 with the objective of redeveloping the site into a stylish and high quality retirement complex featuring both assisted and independent living. The business continued to run as a Motor Lodge catering to corporate and leisure business while the plans and consents for the redevelopment were completed.
The plans, consents, costings, and detailed fixtures, fittings and engineering for the assisted living part of the complex have all been completed allowing a new owner to literally start the project. The density of the remainder of the development can be altered should a new owner wish to pursue a different concept.
There is a shortage of both quality retirement village accommodation and hotel accommodation and facilities in the region and the site lends itself to a multitude of future development configurations. The gently sloping 12,000 metre site has a wide variety of other possible uses with few restrictions other than it is unable to be used for retail purposes.
A change in direction by the shareholders has resulted in a fantastic opportunity for a new owner to either continue with the redevelopment, continue running the property as a Motor Lodge, or take advantage of a multitude of future uses. As a result the land, buildings and business are being offered for sale by tender.
The owner is an experienced retirement industry operator and is available to assist as a consultant in the completion of the development if required.
A detailed Information Memorandum is available including plans, consents and other important information.
IMPORTANT - This site has incredible capacity and capability for high density coverage
Sales Revenue PA:
700,000
Listing:
#12325
|
|