Profitable 18-room Motel Leasehold in Blenheim’s CBD
Property Type: Motels, Leasehold Business
Sale Type: Business only, Leasehold Interest (Business)
Region: South Island, Marlborough
Physical Address: 81 Charles Street, Blenheim
Price: Profitable Motel Leasehold $1,250,000 + GST if any
Broker: Tracey Green
Mobile: +64 22 410 8710Email: tracey@tourismproperties.com
Own a highly profitable motel leasehold opportunity in the heart of Blenheim’s CBD. This 18-room property offers an excellent business opportunity supported by a strong recognised brand and consistent summer trade and significant winter activity, thanks to various conferencing events.
Property Features:
- 18 Well-Appointed Rooms: The motel is split over two levels, offering modern décor. A range of studio and one-bedroom units, each with parking at the door. Includes 2 accessible units and all rooms being pet-friendly,
- Prime Location: Situated on a quiet street just a short walk from Blenheim town centre, the Marlborough ASB Theatre, and Events Centre. Perfect for both corporate and leisure visitors.
- Owner’s Quarters: Spacious 3-bedroom, 2-bathroom accommodation, featuring a master bedroom with a walk-in wardrobe and ensuite bathroom.
- Additional Amenities: Ample parking, electric vehicle (EV) charging station.
- Diverse Clientele: Predominantly corporate clientele, complemented by leisure guests.
The lease will be topped up to 21 years on sale to ensure a long-term lease is in place. The current owners have maintained regular upkeep of the property, with new carpet, heat pumps, ensuring the property remains in excellent condition. The motel holds a Qualmark 4-star rating, recognising its high-quality accommodation.
The Perfect Location:
Ideally situated in Blenheim CBD, the gateway to New Zealand’s largest wine region, Marlborough, and the Marlborough Sounds. Located only a 5-minute walk to the Events Centre & ASB Theatre. Only a 10-minute’s drive from the airport, less than 5 minutes to the train station, and just 35 minutes to the Picton ferry terminal, this property offers prime accessibility and connectivity to major transportation hubs.
This property offers an exceptional opportunity to own a profitable leasehold in a prime location, with strong business fundamentals and a solid reputation.
For more information or to arrange your private viewing, please contact specialist Accommodation Business Broker, Tracey Green on +64 022 410 8710 or email tracey@tourismproperties.com
Confidential Documents
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75233-Confidential-BV_Blenheim_Financial
75233-Confidential-BV_Blenheim_Lease agreement
75233-Confidential-BV_Blenheim_Deed_Of_Assignment
We stayed at the Bella Vista in Blenheim. The location was perfect across the road to the supermarket and a short stroll to cafes and restaurants. The service was warm and friendly, and they were so helpful. Our room was perfect for my husband and me. We really enjoyed our stay in Blenheim and would recommend the Bella Vista if you’re visiting.
Lovely stay here again. Friendly hosts, clean, tidy and comfortable rooms. Would recommend.
A great little dog friendly place to stay in Blenheim. Close to the CBD and the shops but equally handy to the River trail and other walks.
Property Details
Property Type
MotelsLeasehold Business
Sale Type
Business onlyLeasehold Interest (Business)
Region
South Island MarlboroughPhysical Address
81 Charles Street, BlenheimPrice
Profitable Motel Leasehold $1,250,000 + GST if anyContact Agents
Tracey Green
Tourism, Hospitality & Leisure Business BrokerKaikoura, Marlborough, Tasman, Nelson & the West Coast
International: +64 22 410 8710
NZ Mobile: 022 410 8710
Email: tracey@tourismproperties.com