Modern Motel Lease in the Heart of Blenheim.
Blenheim, cnr Charles & Henry Streets
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$820,000 Plus GST (if any)
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17 units comprising studio, one bedroom, 2 bedroom and a spa unit make up the Blenheim Palms. In addition, the managers unit is a modern 3 bedroom home.
Not only is it one of the newest and closest motels to town, it is also just a short walk from the Marlborough Convention Centre, Clubs of Marlborough, Civic Theatre, supermarkets and Seymour Square. The property and chattels are in excellent condition and have been immaculately maintained. Being a modern complex, close to town, this motel has consistently returned above average occupancy rates for the region. Turnover has been on the increase over the last two years and a large corporate client base has been established. Vendors happy to look at trade with home up to $500,000. Financials are available to genuinely interested parties. |
| Business name | Blenheim Palms Motel | ||||||||
| Business description | Motel | ||||||||
| Leased plant | Nil | ||||||||
| Property Type | Accommodation | ||||||||
| Lease details |
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| Customer account / database | Yes | ||||||||
| Number of staff |
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| Licences and permits | Normal guest house licence |
