Boutique Hotel/Motel Christchurch

Christchurch City

$599,000

Proposed Usage
Other Businesses for Sale
Description:
Property ID
1bpms07





Two-storey boutique Christchurch hotel/motel Brand New !!! only completed in January 2017. The hotel has 10 rooms, in the style of hotel and motel rooms, with units accessible internally from hallways. There are 8 studio rooms (including one access unit), and 2 x one-bedroom units, with a studio Manager's apartment.

The building also houses a restaurant on the ground floor street frontage, which has been independently leased, providing further convenience for hotel guests.

There is also a range of restaurants in the vicinity and the popular Colombo Mall is just a short stroll away.

Guest parking is also being provided for at the rear of the building, with easy street access.

A new 35-year lease will be provided, with reasonable starting rental.

This is an ideal hotel/motel for corporate and business guests visiting businesses in the area, and provides another much-needed accommodation option for Christchurch.

We see this boutique hotel operation fulfilling an accommodation need in an area which has traditionally been under serviced, and we believe that this offers an excellent entry level opportunity for a purchaser to participate in the buoyant Christchurch accommodation industry.

Early enquiry is strongly recommended.
Ref: 19206
Timestamp: 20170623054601

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