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- Hotel / Leisure
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- 18 Oct 2016
MOTEL FOR SALE- NEW ENGLAND B&B MOTOR INN
Description: First time offered in 23 years this New England Highway B&B Motor Inn is in a prime highway frontage location. This Motel offers an owner operator the opportunity to not only improve this business but to get substantial capital gain as well. Don-t miss this offering.
AAA Rating: 3 star
Construction: 16 units. Single storey brick construction with tile roof and brick wall partitions. Variation of unit sizes from small to 2 room family units. Clean and well maintained. Solid brick construction - reasonably good paint.
Residence: 3 bedrooms, 1 with built-ins. Large lounge/dining, bath / toilet, kitchen, carport, private yard. Generous size family residence.
Age: Built 1969 - 1979 approx.
Clientele: Passing trade, season worker trades, reps, interstate travellers.
Site: 9,931 square metres.
Tariffs: Single $69 - $79; Double $76 - $89; Family (4) $135 - $155; Extra Person $10 - $15.
Chain Affiliation: No
Laundry: Heavy duty commercial - good condition. All linen owned and done on site. 2+ changes in new to good condition.
Restaurant: No - next door.
Services: Air-conditioning & heaters, fire rated.
Turnover: 14/15 $118,328
Comment: First time offered in 23 years. New England Highway frontage with huge potential.
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1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information