Buy an Aston Court Motel In Blenheim business for sale in Blenheim on BusinessesForSale.com

  • Listing ID: 902755

Aston Court Motel In Blenheim For Sale


Location:
Category:
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Asking price:
$625,000
Sales revenue:
Available on request
Cash flow:
Available on request


The Aston Court Motel buisness lease in Blenheim is up for sale.

Location

This well established motel is situated on the sunny southern side of Main Street (State Highway 1) which is on the main route for all traffic passing through Blenheim, between Picton and Christchurch. This location is obviously well suited to passing travellers and is handy to shopping, sporting facilities and a short drive to the central business district. Neighbouring properties consist of other accommodation providers and medium to high residential development.

The Motel

The Aston Court Motel offers an excellent accommodation mix consisting of 12 modern, spacious, well presented, ground floor, self contained units. The motel units were built in 1995 and are of a modern contemporary style. The 12 units are accommodated within three buildings and the accommodation mix consists of 4 studio units, 6 one bedroom units and two 2 bedroom units. Two of the units offer disabled access facilities and another two have luxury spa baths fitted.

Two other studio units are situated on the motel property and are let out on a casual basis in conjunction with the motel.

All units are well appointed with kitchen facilities, SKY TV, telephone, quality air conditioning and heat pumps. All units feature internet facilities and are non smoking. This is the only motel in Blenheim that has the convenience of a bar and restaurant right next door which is independently operated.

Other Buildings

A laundry and storeroom complement the motel units which are arranged around the boundaries to provide a central courtyard area.

Owners Accommodation

The owners accommodation consists of a spacious 2 level, 4 bedroom stand alone house with 2 bathrooms (master with ensuite) and 3 toilets. A private courtyard is situated off the lounge and the owners have their own laundry and a double garage. Stand alone owners accommodation of this size is not common in New Zealand Motels.

This 3.5 - 4 star motel has recently undergone extensive refurbishment incorporating new heat pumps, curtains and bedding. With an excellent business mix of corporate, commercial, family and tourist clientele combined with repeat guests this very popular motel has just finished up February & March 09 with a 97% occupancy rate for both months and acheived an occupancy of 77% from January - December 2008. The existing lease has over 24 years to run and the hard work has all been done. If you are looking for a great business opportunity then the Aston Court Motel has to be considered.

Blenheim is named after the Battle of Blenheim (1704), where troops led by John Churchill, 1st Duke of Marlborough defeated a combined French and Bavarian force.

The commercial hub of Marlborough (population 42,300) is Blenheim (population 28,200). Originally a provincial service town to the farming community, it is increasingly geared towards urban lifestyle, visitor needs and the dominant wine industry, a meld of modern sophistication and relaxed ambience. North is Picton (population 3,700), seaport gateway to the stunning Marlborough Sounds.

Blenheim is the focal point for the Marlborough wine growing region. A number of wineries are located on the towns edges, with many more just a short drive away.Synonymous internationally for its distinctive, herbaceous Sauvignon Blanc. It is New Zealand's largest winemaking region with around 65 wineries and 290 grape growers and over 4000 hectares planted in grapes, mainly Sauvignon Blanc, Chardonnay, Riesling, Pinot Noir, Pinot Gris and Gewurztraminer. The annual Wine Marlborough festival (second Saturday in February each year) is held in Blenheim. It is a show-case for the region's bounty and draws people from all over the world to taste Marlborough's wines.


Real Estate:
Real Property Included

For more information about this business for sale, click the Contact Seller button.


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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