201- 207 Palmerston Street, Westport, Buller

FHGC Asking $2,690,000 + GST (if any)

Westport Motor Hotel FHGC For Sale

Here is a fantastic opportunity on the Coast!
Sold as a bundle and included in the asking price of $2,690,000 + GST (if any)

Freehold Going Concern – Motel and Restaurant, Land Buildings and Business

- Superb main street location
- 27 perfectly appointed motel rooms
- Restaurant & Bar
- Conference facilities
- Plenty of parking
- Managers apartment

Freehold Investment – Liquor Store
- Leased for 2 years
- Paying a healthy rent, portion of rates and insurance
- Separate entrance and parking

The Hotel complex has 27 well-appointed 4-star guest rooms. Restaurant, 2 bars (house bar and public bar), fully serviced conference facilities. The ideal owner and operator can come into a partnership with the liquor store operator to service the Restaurant as needed.

Please note that we are unable to provide any historical financials from the previous operator as the business was leased previously. Purchasers should work their own feasibility on this investment. Westport is gathering momentum once again with mining companies, corporate businesses and tourists. It is the perfect time to make this a lucrative business opportunity. The property is an A grade building and lending options can be arranged as needed.

For more information or to arrange your private viewing, please contact specialist Accommodation Business Broker, Dilan De Silva, on 027 444 9692 or email dilan@tourismproperties.com.

Please refer to www.tourismproperties.com for more information. If you would like to know more about this opportunity, please register on our website, and then navigate to the Documents tab on this listing, and request access to the confidential information therein, thank you.

Additional details

Type

Tourism & Hospitality

Property ID

27119

Listed on

20/10/2023

Updated

06/03/2024

Data

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