116 Fitzherbert Avenue, West End, Palmerston North
price TBC
Avenue Motel Palmerston North
Property Brokers are pleased to bring to market an exciting Business Lease opportunity, 'Avenue Motel' at 116 Fitzherbert Avenue, Palmerston North. The motel is in a superb spot, set back off one of the city's busiest thoroughfares Fitzherbert Avenue, thus creating a quiet peaceful location, a short walk from 'Te Marae o Hine', Palmerston Norths 'The Square' and 'The Plaza', the lower North Island's premium shopping destination. The city CBD, just a short distance away has seen substantial redevelopment over recent years and now consists of upmarket commercial businesses mixed with new local and national government offices, fantastic medical facilities and an eclectic mix of quality eateries and bars, with the 'Regent Theatre' and two superb cinema complexes, creating a recipe for an exciting and vibrant area to run your business. Avenue Motel, consists of a range of 13 Studio, one-bedroom and two-bedroom family units, (two-bedroom units with private spa pool), enabling the business to cover a wide range of clients from corporate business, couples, families, work crews and teams. Palmerston North and the wider Manawatu has a pipeline of investment over the next ten years to the value of some four billion or more, from a moteliers business perspective this factor, the busy often frenetic events and sporting calendar together with a large corporate requirement contribute to what is sure to be an ongoing shortage of short-term accommodation. Avenue Motel can be managed by a single person and for your family includes a three-bedroom home and a private enclosed garden. Some details are confidential and can only be disclosed upon completion of a confidentiality agreement. The business is marketed as "price by negotiation" and we welcome your inquiry. Check out the Avenue Motel at - avenuemotel.co.nz.
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This sale is for the business only and is a humdinger of an opportunity! The current owner is overseas and says 'Sell Now' we ain't coming back! So in brief there are 14 units, a three-bed house and extensive grounds of 3089m2 more or less. With approximately 9 years left on the lease and some TLC required this is an opportunity to get into the industry at a price point to make your eyes water. Call or email me for more information, but be quick this business has got to be sold now!
By Negotiation
Here is your chance to own a well-established and much-loved business in the heart of Dannevirke. The Catching Pen Cafe is perfectly positioned on the main road, offering excellent visibility, steady foot traffic, and a reputation that draws in both locals and travelers alike. Known for its warm hospitality, great coffee, and delicious food, this cafe has become a cornerstone of the local community. The space features a unique atmosphere with charming farming and shearing-themed decor, and offers both indoor and a outdoor seating, making it a welcoming spot all year round. The business enjoys a strong and consistent turnover, backed by a loyal customer base and excellent word-of-mouth. A long-term lease is already in place, and for those looking to invest further, a freehold option is available. It is a turnkey operation, fully equipped and ready for a new owner to step in and continue the success, or add their own personal touch. Currently open seven days a week, the cafe offers a flexible schedule, ideal for families or owner-operators seeking better work-life balance. There is also plenty of opportunity to expand trading hours or introduce new offerings to drive growth. Whether you are a seasoned hospitality operator or a newcomer with a passion for great food and community connection, this is a rare and exciting opportunity. The Catching Pen Cafe offers not only a solid business foundation but also a lifestyle many dream of. Further information and financials are available upon signing a confidentiality agreement. Do not miss this opportunity to make your cafe ownership dream a reality. Enquire today.
$75,000 + GST (if any)
A rare opportunity to purchase a going-concern business that has been under the same ownership for over 20 years. This established operation offers boutique accommodation and multiple income streams. The well-maintained hotel is full of charm, space and potential for new owners to make it their own. Accommodation includes seven spacious bedrooms - two with a private en suites and three additional, fully appointed shared bathrooms, ideal for guest stays, staff housing or backpacker-style lodging. Within the grounds, separate from the main building, is a fully serviced external hut featuring three additional rooms with private amenities. This offers flexible options for short-term rentals, private stays or extra accommodation. At the heart of the property is a classic pub setup, comprising a welcoming sports bar, café-style dining area, and large commercial kitchen - all ready to support a variety of hospitality or entertainment ventures. A private apartment adds further appeal, providing a quiet owner’s residence or an additional self-contained rental unit to increase revenue. Whether you’re looking to operate a country pub, create a local community hub, or own a distinctive hospitality business with on-site accommodation, this business delivers the location, layout, and versatility to realise your vision. Please note: The property is available for purchase outright along with the business. Refer to our other listing [WGC205333] for full property details.
Price on Application
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