Motel for sale Palmerston North offering real estate and business for sale, buy both or just the business!
The property is priced to sell and trades, exchanges and finance options will be considered. There is an opportunity to add more units if a developer is keen to make up the room count.
This property is still going through an upgrade but with huge improvements already in place and with room refurbishing and some TLC it should become a nice operating unit especially with all of the available recreational grounds on site.
The Owners are offering the Real Estate and the Business to the same investor or two sell the business only to an operator. Should the Business be sold there will be a new lease put in place with a fair rental. Selling at $ 250,000 plus gst if any the business should give a very resonable return on investment to the new business owner.
With an overall asking price of $ 1.2 Mil for the Freehold Going Concern the return on investment would also be an excellent return. Buyers seeking comprehensive property listing details or what to chat through the options of trading, exchanges and finance can contact Ross Larsen - Tourism & Hospitality Business Broker - TourismProperties.com www.tourismproperties.co.nz 021 024 23141 or email ross@tourismproperties.com