Motel business in Glacier Region which is one of New Zealand's top tourist destinations in the heart of Fox Glacier is for sale

This motel has strong street appeal with modern well appointed rooms. Last summer has shown a pleasing increase in turnover which is expected to continue. A registered valuation in September 2012 valued the leasehold interest at $600,000 the business is being offered to the market for $475,000 + GST (if any)

There is also the option of purchasing the owner's three bedroom freehold apartment unit for $200,000+gst (if any)

A popular modern motel in a great location and being offered significantly below registered valuation!

The business has a long lease, quality chattels, 23 studio units, modern complex in iconic tourist area with a three bedroom apartment with master ensuite, good living areas and direct access to a private outdoor area.

Adrian Chisholm - Tourism & Hospitality Business Broker - TourismProperties.com www.tourismproperties.co.nz is happy to chat with you about this motel business sale and can be contacted on 021 727 888 or email adrian@tourismproperties.com