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North Otago Hotel & Motel - Big Land Big Business
Location New Zealand
Asking Price Range $500K - $1.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1970
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Owned
Description NORTH OTAGO HOTEL & MOTEL FOR SALE - FREEHOLD GOING CONCERN - NORTH OAMARU - SOUTH ISLAND - NEW ZEALAND - SPACIOUS LAND AREA - ROOM TO EXPAND
NORTH OTAGO HOTEL & MOTEL is a specialised business which has 19 rooms, bar, dining room, function rooms and is set up to cater for long distance truck drivers with parking for up to 30 truck rigs on the property car park.
CONFIGURATION: The accommodation rooms consist of 3 twins, 2 doubles, 10 singles and the separate house provides an additional 3 twins and 1 twin bunkroom.
OWNER/MANAGER'S ACCOMMODATION: The owners / manager's accommodation provides 1 - 2 bedrooms, lounge, kitchen and dining room plus bathroom with separate toilet.
LAND AREA AND LOCATION: Set on 11,662 m2, the property is just 2 km north of Pukeuri and 10km north of Oamaru, and has easy access from State Highway 1 and adjoining streets.
LOOKING FOR A BUYER TO TAKE THIS ESTABLISHED BUSINESS TO THE NEXT LEVEL!This established business lends itself to a new owner taking the property to the next level with adding additional rooms within the existing complex and on the spacious land area contained within the property.
THE FRONT BAR ( currently not used ) fronts State Highway 1 and would be ideal as a separate CAFE BUSINESS either leased out to another operator or added into the existing business mix currently operating within the property.
MAJOR TOURIST ATTRACTION: OAMARU BLUE PENGUIN COLONY - The Worlds smallest penguins in their natural environment.
This freehold Property plus Business is listed for NZD995,000.
For further information on the sale of NORTH OTAGO HOTEL & MOTEL please email or call Tourism Hospitality Business Broker Ian Paterson on 0064 3 409 0093.
Click Here To Contact Seller
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