Listing #:4410910023
Simply Magnificent - ‘Merivale Manor & Apartments’
Location: | Christchurch City, Canterbury |
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Leasehold business and freehold apartments in the heart of Merivale, Christchurch.
The opportunity now exists to purchase this industry leading accommodation business, delivering striking financial returns with strong forward bookings. Delight in this Immaculately presented boutique accommodation leasehold business comprising a fully restored manor house with luxury suites, modern spa studios, separate managers residence plus six, 3-bedroom freehold apartments, prestigiously and desirably located in the heart of Merivale, Christchurch.
The multi-award winning ‘Merivale Manor & Apartments’ comprising ten elegant and luxurious Manor House Suites, eight fully appointed Studios and six three-bedroom townhouse apartments is now available for sale as a business lease (Manor) and freehold combination (Apartments).
With returns we have not seen for similar sized operations this is a timeless offering attributing its performance to the trusted and steadfast brand, further strengthened with a strong corporate and visitor customer base. Extensive long-term agency and corporate contracts further underpin the business model while the experienced team achieve key productivity milestones on a day-to-day operation.
Offerings of this quality, location and reputation are seldom available. The long-term owners have built a wonderful legacy and now seek expressions of interest from savvy investors/operators who appreciate exemplary returns from a five-star investment.
Agency reference #: 044590B
The opportunity now exists to purchase this industry leading accommodation business, delivering striking financial returns with strong forward bookings. Delight in this Immaculately presented boutique accommodation leasehold business comprising a fully restored manor house with luxury suites, modern spa studios, separate managers residence plus six, 3-bedroom freehold apartments, prestigiously and desirably located in the heart of Merivale, Christchurch.
The multi-award winning ‘Merivale Manor & Apartments’ comprising ten elegant and luxurious Manor House Suites, eight fully appointed Studios and six three-bedroom townhouse apartments is now available for sale as a business lease (Manor) and freehold combination (Apartments).
With returns we have not seen for similar sized operations this is a timeless offering attributing its performance to the trusted and steadfast brand, further strengthened with a strong corporate and visitor customer base. Extensive long-term agency and corporate contracts further underpin the business model while the experienced team achieve key productivity milestones on a day-to-day operation.
Offerings of this quality, location and reputation are seldom available. The long-term owners have built a wonderful legacy and now seek expressions of interest from savvy investors/operators who appreciate exemplary returns from a five-star investment.
Agency reference #: 044590B
Business buyer’s checklist
Price on application
Listed: Wed 8 Nov, 2:58 pm
Norman Engel
Savills
-
Contact details
- (03) 9741188
- (027) 4767870
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Agent's details
Norman Engel
- View profile
- (03) 9741188
- (027) 4767870
Martin Hebler
- View profile
- (03) 9741188
- (022) 0934656
Savills
(03) 9741188
Expires: Thu 16 May, 2:30 pm