18-room Motel Leasehold for Sale Blenheim

Description

Business type: motel leasehold

Location: Blenheim CBD, New Zealand

Motel rooms: 18

Accommodation

Layout: two levels

Unit types: studios and one-bedroom units

Accessible units: two

Pet-friendly rooms: all

Parking at units: available

Owner accommodation

Bedrooms: three

Bathrooms: two

Master ensuite: included

Walk-in wardrobe: included

Customers

Main guest market: corporate

Leisure guests: established

Summer trade: strong

Winter conference trade: established

Lease

Lease term on sale: 21 years

Property

New carpet: installed

Heat pumps: installed

Property maintenance: ongoing

Qualmark rating: 4 stars

Facilities

Customer parking: available

EV charging station: available

Location

Blenheim town centre: walking distance

Events Centre and ASB Theatre: approximately five minutes walk

Airport: approximately 10 minutes drive

Train station: less than five minutes drive

Picton ferry terminal: approximately 35 minutes drive

Reason for sale

Sale reason: owner retirement