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Blenheim Palms Motel

$1,070,000 + GST (if any)

Business Marlborough

ID: 1842

High profile motel business for sale

Property Name:
Blenheim Palms Motel
Address:
78 Charles Street, Blenheim
Property Type:
Motels
Sale Type:
Business
Price:
$1,070,000 + GST (if any) 
Region:
Marlborough
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Gill Ireland

Gill Ireland

| Nelson

M: 022 184 2483

gill[dot]ireland[at]bayleys[dot]co[dot]nz

Reasons to buy

  • With multiple corporate contracts currently in place the Blenheim Palms is geared towards corporate visitors allowing for long term sustainability
  • All units have new air conditioning units, updated bathrooms and and new locks. Outside is a newly landscaped BBQ area including tables and chairs
  • Located in the heart of Blenheim CBD, close to restaurants, retail, the Blenheim convention centre, and other amenities.

Gill Ireland

| Nelson

Contact Agent

Gill Ireland

Mob: 022 184 2483

Email: gill[dot]ireland[at]bayleys[dot]co[dot]nz

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The Blenheim Palms is a successful motel business, with strong revenue, that caters to both corporate visitors and luxury holiday makers looking to take advantage of its ideal location within Blenheim CBD and its proximity to Marlborough's beautiful countryside, wineries, and the Marlborough Sounds.

Situated on 1,402sqm of land (more or less) are 17 well-appointed units of varying configuration, a managers dwelling with 3 bed, 2 bath, kitchen/dining and living room as well as its own courtyard.

Blenheim Palms has continued to operate successfully over recent years, and has a long term lease in place until October 2039.

Financials and private viewings are available upon request via Gill Ireland 022 184 2483 or Glenn Kirby 021 041 5128.

Offers over $1,070,000 + GST (if any)

Disclaimer: We do not accept responsibility for mis-statement or error contained on this site. Interested persons should rely on their own enquiry. All prices are plus GST if any unless otherwise stated. If the transaction is recognised as a going concern then the sale should be zero rated.

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Print + Watchlist View Similar Listings
Enquire Now
Gill Ireland

Gill Ireland

| Nelson

M: 022 184 2483

gill[dot]ireland[at]bayleys[dot]co[dot]nz

Confidentiality

To access information about this listing please follow the link below and complete the Confidentiality Agreement Form.

Confidentiality Agreement Form

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