Outstanding Freehold Business / Unbeatable CBD Location
For Sale By Tender, closing 4:00 pm 6th March 2020 (unless sold prior). Tenders will be + GST if any.
The INNBetween is a hugely successful and remarkable business opportunity that sits proudly at the very heartbeat of Nelson City. Adjacent to the Cathedral and only metres from the ‘Top of Trafalgar’, this freehold going concern Lodge and Backpackers is a Nelson icon.
The 80 bed lodge is comprised of 19 guest rooms in various configurations with ensuite and shared bathroom facilities, commercial kitchen, fully equipped bar / restaurant facilities and a self-contained managers apartment on site.
Undeniably one of the highest quality backpacker accommodation options in the city, The INNBetween has a solid financial history and consistent forward bookings.
The current owners purchased the original villa back in 2001 and set up the INNBetween. After a 10 year period of leasing out the business, the owners returned in 2015 and embarked on a major extension and renovation of the property creating the perfect setting for the Lodge and Backpackers that she is today. This beautiful building is now a massive 677sqm and occupying a 574 sqm prime freehold site. The chattels are modern, fresh and of a high quality. Each room offers guests a charming space with lockable storage and spacious, high quality facilities.
With all the infrastructure in place and the option for the current managers to stay on through a handover process, a new owner can be assured that they will be able to take over operations seamlessly and be generating a good income right from the outset.
Whether you intend to land bank for future redevelopment or wish to embark on an exciting new venture, this opportunity makes sound business sense.
For a detailed information pack, contact Debbie Cooper today.