Profitable 18-room Motel Leasehold In Blenheim’s CBD For Sale

Description

Profitable Motel Leasehold Opportunity in Blenheim CBDAn outstanding opportunity is available to acquire a highly profitable leasehold motel business located in the heart of Blenheim’s CBD. This 18-room property combines a strong recognised brand, consistent trading performance, and excellent potential supported by reliable summer demand and strong winter activity from conference and event visitors.Property Features:* 18 Well-Appointed Rooms: The motel is arranged over two levels and features modern décor with a mix of studio and one-bedroom units. Each room includes parking directly outside, with 2 accessible units and all rooms being pet-friendly.* Prime Location: Positioned on a quiet street within walking distance of Blenheim town centre, the Marlborough ASB Theatre, and Events Centre, attracting both corporate and leisure guests.* Owner’s Accommodation: Spacious 3-bedroom, 2-bathroom living quarters including a master bedroom with walk-in wardrobe and ensuite bathroom.* Additional Facilities: Includes ample parking and an electric vehicle (EV) charging station.* Diverse Customer Base: Strong corporate clientele supported by leisure travellers.The lease will be extended to 21 years upon sale, providing long-term security for the new owner. The current owners have maintained the property to a high standard, with recent upgrades including new carpet and heat pumps to ensure continued guest comfort. The motel holds a Qualmark 4-star rating, reflecting its quality accommodation standards.The Perfect Location:Ideally located in Blenheim CBD, the gateway to Marlborough, New Zealand’s largest wine region, and the Marlborough Sounds. The property is only a 5-minute walk from the Events Centre and ASB Theatre, approximately 10 minutes from the airport, less than 5 minutes from the train station, and around 35 minutes from the Picton ferry terminal, providing excellent accessibility for visitors.This is an exceptional opportunity to acquire a profitable leasehold accommodation business with strong fundamentals, an established reputation, and a highly desirable location.For further information or to arrange a private viewing, please contact specialist Accommodation Business Broker, Tracey Green.