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*** SOLD ***
Mortgagee Sale: Hotel Business + Land + Buildings
Listing: #17701
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About this Business for sale in Whangarei
Mortgagee Sale: Hotel Business + Land + BuildingsMortgagee Says: MUST BE SOLD. For sale by tender - Closes 4pm 14 August 2014. LINK Business - Level 1, 401 Great South Road, Ellerslie, Auckland Exceptional location near Whangarei Airport. 40 year trading history. 21 Executive rooms + Top notch conference and wedding facility Vie Restaurant (indoors) Lava Garden Bar (outdoors) Conference facilities include 4 separate areas ranging from a boardroom setting for 8 to the restaurant area with seating for 130. Premier wedding destination in Whangarei - designed / customized menu options for guests + secret outdoor waterfall. Investment Opportunity: Flames International Hotel is for sale by tender. Included is the Freehold Going Concern on two titles. Accommodation block of 1288 m2. 2 bedroom owners apartment with balcony & garage. On-site laundry + guest laundry. Swimming pool & courtyard area. Restaurant & Lava Bar + Cabana 18 Car Parks Vendor financing may be offered to pre-approved purchasers. Full financial documentation available. Mortgagee WILL NOT accept offers prior to the close of tender. This property is being sold by the mortgagee under the power of sale and so none of the usual warranties shall apply. Enquire Now for a comprehensive IM & financial information.
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This listing is no longer taking enquiries as it is SOLD
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.