Hotel Business for sale



Proposed Usage
Other Businesses for Sale
Property ID

Quality Hotel Marlborough offers investors a unique opportunity to purchase a sound business in the popular tourist/conference destination of Blenheim, providing multiple income streams, comprising accommodation, conferences, functions and bar facilities.

The property has the laid back atmosphere of the Pacific, from its Nikau palm tree theme, to the Nikau lounge and bar and the peaceful and relaxed lush subtropical landscaping. To top it off there is a solar heated outdoor pool and children's pool.

Reasons to purchase​Sales/net income on a growth pathOccupancy trending upAttractive return on investmentLong lease tenureClose to Blenheim's CBDEstablished corporate client baseMultiple income streams

The Complex
The complex consists of 28 spacious studio-style guest rooms with open-plan sleeping and living and plenty of guest parking. The owner's residence is a 2 bedroom apartment.

The Hotel offers dining and conference facilities. The Nikau poolside bistro restaurant has seating for up to 40 diners and also offers top class corporate and event facilities with special wedding venue packages and can cater up to 120 wedding guests.

The Quality Hotel Marlborough is centrally located in Blenheim and is a short riverside walk to the CBD and Marlborough convention centre, a 20 minute drive from the inter-island ferry in Picton and well placed for guests to explore the Marlborough Wine region and the surrounding Marlborough Sounds. The hotel is close to all main arterial routes.

Blenheim is a town in Marlborough, in the north east of the South Island of New Zealand. The area which surrounds the town is well known as a centre of New Zealand's wine industry. Blenheim enjoys one of the sunniest climates in NZ.

Reference: EL00838
Ref: EL00838
Timestamp: 20171017054526

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