Quality opportunity in world famous wine region

Set against the alpine foothills in New Zealand’s premier wine growing region, Quality Hotel Marlborough offers a unique business opportunity with excellent income, growth and expansion potential. Opposite Pollard Park at Blenheim town centre’s edge, the delightful boutique hotel offers the perfect escape if you’d like to run your business easily from home, while soaking up the sun and meeting exciting new people from all over the world. Marlborough is well known as a centre of New Zealand’s wine industry and the region has just experienced an absolute red hot summer. With over 1.5 million tourists – a third of them international, including high spending Aussies and Europeans – it’s a significant visitor destination. The hotel is ideally placed for all types of holidays and breaks. From its relaxed nikau palm tree theme to the lush subtropical landscaping, the property reflects the laidback atmosphere of the Pacific. The complex consists of 28 spacious studio-style guest rooms and a two-bedroom apartment, which offers comfortable accommodation for resident owners or managers. The dining and conference facilities are equally impressive, with the Nikau poolside bistro restaurant able to seat up to 40 diners. The hotel also offers corporate and event facilities and special wedding venue packages, for up to 120 guests. According to Kerry and Lee Barton, who have owned the property for 10 years, the opportunity came about when looking for their next challenge after selling an accommodation business in Nelson. “We both love a challenge so we decided to buy the newly refurbished Marlborough Hotel,” they said. “One of the first changes we made was to join a hotel franchise to help drive the increase in turnover, which is showing positive results.” What is for sale? Buyers and investors have two purchase options available. Option 1 is for the business only. Option 2 includes the buildings, land and the business, also known as Freehold Going Concern or FHGC. An investment of this type offers a buyer the opportunity for income and capital growth and comes with the following benefits: • Purchase the business with a new

35 year lease or the FHGC • Potential to build a further 40 to

60 units on vacant land • Growing tourist and corporate

client base • Restaurant, bar, conference and

wedding facilities Lifestyle choice Kerry and Lee both agree the most enjoyable aspects of running a hotel is meeting people and ensuring they enjoy their stay. “Owning a hospitality business is what one makes of it,” they explain. “You can work 18 hours a day if you wish or simply employ more staff should you want to work a normal day. You get out of life what you put into it, and this goes for a business as well.”