Nelson Milton Chalet Motel For Sale

Business description

The Milton Chalet Motel business lease in Nelson is up for Sale.

The Milton Chalet Motel offers an excellent accommodation mix consisting of 13 units, with 3 studio units, 6 one bedroom chalets and 4 two bedroom units. The one bedroom chalets are quite large being all two storey and can easily accommodate four or five persons. Each unit has its own off street park with most of the parking under cover.
All units are well appointed with full kitchen facilities, SKY digital TV, telephone, electric blankets and heating. Continental breakfast is available upon request. This motel complex features a swimming pool and private spa, play area for kids (swing and slide) and has cots and high chairs. A BBQ is also available for guest use.

Features
Studio Units
One bedroom apartments
Two bedroom apartments
Sky Digital TV
Kitchen cooking facilities
Swimming pool and Spa
Guest Laundry
Children's play area

Brokers Comments

After 8 years of building up this profitable business the current owners are ready for a new challenge. With a good mix of business from corporate and repeat guests this motel provides a great platform for the next owner. With a background in building the current owners have maintained the property beautifully. The lease is back up to 30 years with right of renewal for another 5 years.

If you are contemplating running a Motel Business in Nelson then The Milton Chalet Motel has to be considered. Further confidential information will be provided to interested parties who have signed a confidentiality agreement.
For further information please contact Broker Nick Lambert.

Property information

Real Estate:

Lease

Living accommodation:

The owner's accommodation consists of a spacious 3 bedroom, 2 living area stand alone house with internal access off one of the living areas to the motel guest reception. A private courtyard is situated at the front of the residence. Stand alone owners accommodation of this size is a rare find in New Zealand motels.

Location:

This family style motel set in immaculate grounds is located just a short walk to the centre of Nelson. With the surrounding neighbours primarily residential this is a very quiet location, sought after by those guests not wanting to be situated on a main road.