Larger Motel Complex - Christchurch

$849,000ChristchurchListing: #CS00079


Christchurch  


$849,000


Accommodation/Tourism
Refer to Broker


About this business for sale

Larger Motel Complex - Christchurch

 

Accommodation business for sale with long lease.

Prime location on arterial route within 5 minutes of Christchurch Airport. Many attractions and activities nearby.

The 19 spacious units consist of a 2 bedroom townhouse which sleeps 6, plus 4 x 1 bedroom units and 14 spacious studios.

The owners’ accommodation consists of a separate 2 bedroom home with a sheltered and private outdoor area.

The property is well maintained having had a complete interior repaint in 2016, and ongoing chattel upgrades.

This business offers a good income to a working couple or family with part time help.

Currently the business is under management.

Genuine sale to owners’ other interests.

Call now – this very good business will attract a lot of inquiry.

 

Christchurch & South Island
sallye@linkbusiness.co.nz
+64 3 595 0935
+64 21 988 138

Sally Everitt

*Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.