Accommodation Motels for Sale Hamilton

Asking Price: $500,000
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Accommodation Motels for Sale in Hamilton CBD, Minimum 30 Years Lease with Brand new Chattels.

Accommodation Motels for Sale HamiltonLocated at Victoria St, Hamilton CBD, an accommodation business opportunity is now available to experienced Motel/other accommodation business operators.

The building has been renovated for an accommodation business. It contains 12 studio units, 1 large studio with separate bedroom, 2 one-bedroom and 4 two-bedroom apartments. As well as the 19 units, there is also a full size kitchen, a common dinning area, a large guest laundry and a reception area.

Each studio unit has table(s) and chair(s), a queen bed, a bedside, a bar fridge, a heatpump, and a flat screen TV etc. The one or two bedroom apartments have a full kitchen with oven and microwave, and other furniture such as couches, outdoor tables and chairs, in addition to appliances and furniture in the studios.

The renovation and cleaning of the building will be completed in January 2017. A new lease agreement will be in place to suitable business operators, with at least 30 years right to operate the business from the commencement date.

The accommodation business is currently with the consent for residential centres and apartments. The accommodation will be sold as a motel business (subject to resource consent being applied).

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