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Hotel business for sale in Blenheim NZ massive price reduction as vendors want a quick sale

Friday 11 April 2014, 12:25PM

By Chrissy Chisholm - Tourism Business Broker

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Hotel business for sale with huge price reduction for quick sale located in Blenheim, New Zealand
Hotel business for sale with huge price reduction for quick sale located in Blenheim, New Zealand Credit: Chrissy Chisholm - Tourism Business Broker

This hotel has a long term lease with a very reasonable annual rental allowing the new owner to make very good money from this business. There are various income streams which include the main bar, bottle store, restaurant, functions, outcatering for functions, guest rooms and the pokies site rental income also creates additional income.

The hotel is situated in a prime location in Blenheim, New Zealand with lots of passing traffic. The vendors would also consider a trade of a house in the Northland. The hotel has had a big price reduction from $350k to $99,000 +SAV +GST (if any) for a quick sale.

Don't delay in calling Adrian Chisholm on 021 727 888 of TourismProperties.com real estate agents specializing in the sale of hotels and all accommodation businesses and properties.