Tuscany Villas - Prestige Business for Sale


57 The Strand, Whakatane

Asking Price NZD $1,150,000 + GST (if any)

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Tuscany Villas - Prestige Business for Sale | 57 The Strand, Whakatane | 1690618 |      X Close
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Description

Tuscany Villas - Prestige Business for Sale


•Distinctive, Tuscany style and flare

•Impressive, great street appeal attracting drive in business

•Substantial, a large complex so economies of scale

•Profitable, historically a very good performer

•Well Located, right on the edge of the CBD so close to shops, bars and restaurants

•Popular, proven record of happy return visitors

•Versatile, many room configurations to suit guest needs

•Additional income streams, Giordano's Italian BBQ & Wine bar for those a F&B bent plus a conference room

This business stands out from the rest when compared with most motels around the country and as such it has earned a 4.5 star rating on Tripadvisor.

Guests just keep coming back and that is a testament to the inherent quality of the property, its presentation, layout, facilities and location. Just a 2 minute walk to shops, restaurants and bars, 20 metres from the river and a short drive to famous Ohope Beach with stunning white sands.

Configuration is as follows:

28 rooms in total comprising:

- 10 executive rooms

- 6 one bedroom suites

- 10 studio rooms

- 2 deluxe rooms

Facilities include:

Business facilities

FREE ultra-fast WiFi

Conference facilities including catering and all equipment

Excellent Quality:

All rooms have air conditioning

Rooms serviced daily

Continental breakfast

Non-smoking rooms

SKY Digital TV 50 channels

Tea and coffee facilities in room

BBQ area free to use and outdoor seating areas

Giordano's Italian BBQ & Wine bar - open for functions and special events

Convenience

Guest laundry available daily from 11:30am - 7:00pm

Iron & ironing board

Wheelchair Access

Ample parking

Mountain bikes for hire

The business benefits from an exceptionally long lease with the current term expiring on17th August 2034 - but there is a further right of renewal for another 30 years at the option of you as the business owner. Many motels require the tenant to buy additional years from the freehold owner to ensure that they have at least 20 years to run. Not here, you have heaps of years up your sleeve.

57 The Strand, Whakatane

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