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DealProspect/Listings/Hospitality & Tourism

Riverside Hotel, Blenheim

Hotel

ActiveHospitality & TourismMarlboroughB2C
Asking price
Price by Negotiation
Disclosed · NZD
Revenue
EBITDA
Implied multiple
Brief
  • Immaculate going concern hotel of substantial scale located near Blenheim's CBD.
  • Long-standing reputation as a premium choice for accommodation, offering well-appointed units, restaurant, bar, swimming pool and conference facilities.
  • Recently built Taylor River wing offers 15 state-of-the-art rooms suited to business travellers or a couple's getaway.
  • Also suited as a wedding venue with wedding packages already set up.
  • Situated within an easy five-minute riverside walk from Blenheim's town centre, with direct access from State Highway 6.
  • 44 units able to accommodate up to 104 guests, held on a lease running until 2053.