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| Property ID: | THL10-1004 |
| Property Type: | Motels |
| Sale Type: | Leasehold Interest |
| Region: | Canterbury |
| Address: | 301 Bealey Ave, Christchurch |
| Price: | $250,000 (+ GST if any) |


This clean and tidy motel is well located, walking distance to the city, St Georges Hospital and local restaurants, and would make a great first business for someone new to the industry.
With newer, smaller roomed motels in the area, this spacious budget motel still has great relevance and superior service, combined with its affordable rates make for a superior value proposition.
With people and companies becoming more budget conscious, expect this motel to continue to be a steady if not strong performer.

* 10 well maintained, clean, tidy and spacious units
* Six studios and four two-bedroom units
* All units fully self-contained including full equipped kitchens, dining tables & chairs.
* Good location: walking distance to city, St Georges Hospital and restaurants
* Long lease with favourable terms
* Additional storage sheds
* Great 3-4 bedroom owners residence with extra storage space
* A member of the Budget Motel chain
* Steady performer with good growth potential
Comment:
The current owners of this motel lease have enjoyed this property and are now looking to upgrade to another motel. This property would be a great opportunity for someone looking to purchase a good cashflow business. Further attention to marketing would undoubtedly reward the new owner with even better performance.
Adrian Chisholm is an experienced Tourism, Hospitality & Leisure Business Broker and will guide and help you through the buying process.