151 on London Motel in Wanganui, Freehold Investment ( Land & Buildings ) is for sale

The '151 on London Motel' in Wanganui, Freehold Investment ( Land & Buildings ) is for sale  

Due to personal reasons and illness the owners of the ' 151 on London Motel ' have decided to sell the Freehold Investment - Land and Buildings on an urgent basis.  

The 151 on London Motel is a new and a very impressive facility situated on London Street, at the north end of Wanganui city on State Highway 3.

The motel that was opened in March 2009 has 26 modern designed suites consisting of Studio, 1 Bedroom, Family and even a Honeymoon suite.  

There is a large Conference facility set aside in a rustic stand-alone building opposite the accommodation complex. At the front end of this building is a large indoor / outdoor facility ready for development and lease as a Cafe or Restaurant. The Cafe has all modern and unused catering equipment ready to operate for the incoming leaseholder of this facility.  The Conference centre has already earned a reputation as being an excellent meetings facility with regular and return bookings using these facilities.

Guests may work out in a gym provided and relax in a massage chair set aside in the gym or spend some time out back at the BBQ garden recreation area.

Facilities of the motel

• All rooms have king beds
• All rooms have microwave and fridge.
• All rooms have internet access
• All rooms have 26 inch flat screen TVs
• Sky TV 5 channels in all rooms
• Lock up safes in all rooms
• Irons and ironing boards in all rooms
• Guest & Commercial laundries
• Sound proofed walls and floors
• Excellent off street parking
•  BBQ and recreation area & Gym
•  Conference room seats 58 people
• Function room for small weddings
• Close to supermarkets and restaurants
• On Highway, New Plymouth to Palmerston Nth
• Cafe on site is now leased out with good rental income
• Nine lock up garages to be built
• Excellent 3 bedroom owners accommodation 

Brokers Comments

This is an ideal opportunity to be a proud owner of a new motel complex with Guest Rooms, a Conference and Function Room facility, a Commercial Kitchen with Cafe / Restaurant, Large Storage facilities and with a huge car parking area surrounding these facilities. This is a well planned out hospitality complex with good rental income coming into place and so well worth investigating.

151 on London Motel Website : http://www.151onlondon.co.nz/

Contact the Broker

Ross Larsen, the Tourism & Hospitality Business Broker that is acting as the agent for the Business Owner of this property, is happy to discuss this property's details at any time - refer to the contact details on this page.

Wanganui the River City

Wanganui is located on the South Taranaki Bight, close to the mouth of the Whanganui River. It is 200 kilometres north of Wellington and 75 kilometres northwest of Palmerston North, at the junction of State Highways 3 and 4. Most of the town lies on the river's northwestern bank, although some suburbs are located on the opposite side of the river.

It enjoys a temperate climate, with slightly above the national average sunshine (2100 hours per annum), and about 900 mm of annual rainfall. Several frosts are experienced in winter.

Prominent buildings of the city include the Sarjeant Art Gallery, and the Royal Wanganui Opera House, which was built in 1901.

Cook's Gardens are a major sporting venue, used for cricket, cycling, and athletics. On January 27, 1962, a world record time for running the mile was set by Peter Snell on the grass track at the gardens.

Much of the city is on the river's northwest bank. The river is crossed by four bridges - Cobham Bridge, City Bridge, Dublin Street Bridge and Aramoho Railway Bridge (rail and pedestrians only). Close to the southeast end of the City Bridge is one of Wanganui's more unusual features, an elevator leading to a monument on the top of Durie Hill.

A considerable proportion of Wanganui's economy relates directly to the fertile and prosperous farming area that surrounds the city. Heads Road is Wanganui's main industrial area and s home to a number of manufacturing and engineering operations. The Wanganui Port, once the centre of industrial transport, still has some traffic but is more noted for the world famous Q-West Boat Builders, who operate from here.

Tourism is now becoming a major income stream for the district and the local Council has undertaken a number of tourism initiatives. Planning to relocate the local i-SITE Visitor Centre to a higher profile and specialised building is currently underway as well as the upgrading of a number of local landmarks (including the new riverfront walkway). Council has also taken actions to raise the profile of its main tourism wanganui.com website ([2]) as this has been recognised as the leading source of information on Wanganui for visitor information.