Bella Vista Motel, West End, Palmerston North
price TBC
Bella Vista Motel Palmerston North
Property Brokers are pleased to bring to market, an exciting business lease opportunity, the Bella Vista motel in Palmerston Norths West End. Only a short distance from the iconic city centre, "The Square" and numerous theatres, cinema complexes and a plethora of cafes, eateries and premium quality restaurants. Bella Vista, a Qualmark Four-star motel has eighteen immaculate accommodation units, a conference suite for up to thirty people theatre style, including a fully equipped kitchen, two accessibility suites and plenty of onsite parking. Consistent with the motel industry in Palmerston North the motel is not reliant to any great extent on tourism. Clients are predominantly corporate guests, contractors, family visitors and now with the events and sports scene in Palmerston North back in full swing we once again are experiencing motel room shortages across the sector with high occupancy and therefore high room rates in Palmerston North. What a great time to buy into a motel business in this city.
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This sale is for the business only and is a humdinger of an opportunity! The current owner is overseas and says 'Sell Now' we ain't coming back! So in brief there are 14 units, a three-bed house and extensive grounds of 3089m2 more or less. With approximately 9 years left on the lease and some TLC required this is an opportunity to get into the industry at a price point to make your eyes water. Call or email me for more information, but be quick this business has got to be sold now!
By Negotiation
The Business of Harringtons Motor Lodge at 301 Fitzherbert Avenue, Palmerston North is now for sale. This 14-unit motel is really bringing in profits! The current turnover, one would expect to see from a much larger motel operation, not only that the buildings and fit-out are in excellent condition, with new carpets and vinyl in every unit and brand new TV's as well. The package includes a lovely three-bedroom house with a private courtyard so great living too. With Palmerston North Occupancy rates consistently high, and almost always a shortage of rooms in the city, this business is a great opportunity not to be missed.
By Negotiation
Property Brokers are pleased to bring to market, an exciting business lease opportunity, the Bella Vista motel in Palmerston Norths West End. Only a short distance from the iconic city centre, "The Square" and numerous theatres, cinema complexes and a plethora of cafes, eateries and premium quality restaurants. Bella Vista, a Qualmark Four-star motel has eighteen immaculate accommodation units, a conference suite for up to thirty people theatre style, including a fully equipped kitchen, two accessibility suites and plenty of onsite parking. Consistent with the motel industry in Palmerston North the motel is not reliant to any great extent on tourism. Clients are predominantly corporate guests, contractors, family visitors and now with the events and sports scene in Palmerston North back in full swing we once again are experiencing motel room shortages across the sector with high occupancy and therefore high room rates in Palmerston North. What a great time to buy into a motel business in this city.
By Negotiation
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