Carrington New Plymouth

Carrington New Plymouth

New to the market immaculately presented 16 unit motel

Carrington New Plymouth

Just Buy And Manage the Business

New to the market immaculately presented 16 unit motel 8 Studio, 8 One Bedroom complex located central city New Plymouth. Turnover on the increase, 22 years on the lease, Realistic rental, next rent review September 2019, separate laundry, plenty of storage, plus work station. Owner has just completed repainting exterior plus the interior of the managers home.

Looking for a motel business in a city where there is always fixtures or functions on in the city, plus a strong demad for accommodation from the traveling public. Located within walking distance to City Centre, TSB Stadium, Pukekura Park plus Bowl of Brooklands. Excellent occupancy rate, next rent review Srptember 2019. Some linen cleaned by a laundry company. guests love relaxing in the private grounds around the BBQ. Don't delay contact McCrae Specialist Motel Broker tele 06 357 7743 mob 0274 462 987

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great location immaculate presentation strong forward bookings Taranaki

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Leasehold

Leasehold

Most motels in New Zealand operate by way of a lease. As you may already know, it is a rewarding and interesting lifestyle. A leasehold is the lease of the motel land and buildings and a leasee is buying motel chattels, the business goodwill, business lease and the right to operate as a motel for a set period of time.

Investment

Investment

Motels offer an excellent commercial investment. A Investment property is one in which the land and buildings are leased to another party and income generated from the motel lease. There is no operational involvement in the motel

Freehold

Freehold

A freehold going concern can be a versatile option, offering much potential for future expansion. A Freehold property is one in which the motel land and buildings are sold along with the business as a going concern, the business goodwill and motel chattels.

Disclaimer

The property information has been prepared from information supplied by the owners. Every precaution has been taken to establish the accuracy of the material. No responsibility or liability is accepted by McCrae Real Estate Ltd (Licensed Agent REAA 2008) its principal, agents or employees. Prospective purchasers should make their own enquires and satisfy themselves as to all aspects of this material.