Accommodation & Tourism business for sale in NSW
- Accommodation & Tourism
- Leasehold $675,000
Leasehold Motel For Sale Prosperous Hunter Valley Town
Description: Best property in town. Prosperous rural centre. All single level units. Very well maintained. High quality inspection. New to market. A must for serious buyers.
Star Standard: 3.5 star.
Construction: 24 units. Single storey brick construction with tile and corrugated iron roof and brick wall partitions. Solid, attractive with no obvious movement paint good. Variation of unit sizes with good quality appointments.
Residence: 3 bedroom with built-ins, lounge, dining, bath/toilet, large family residence above reception.
Clientele: Strong corp and rep trade, agricultural and equine business. Passing and tourist trade.
Land Area: 0.5 acre approx.
Tariffs: Single / Double From $145 - $155; Family From $175; Extra Person $15 - $20
Chain Affiliation: No
Laundry: Full commercial equipment. All linen owned and laundered on site. 2 plus changes in very good condition.
Restaurant: 40 seat with licensed bar (Thai Restaurant sub-leased)
Services: Room service, very popular licenced bar, reverse cycle air conditioning, D/Dial NEC telephones, microwave ovens, gas BBQ, fire rated.
Lease: 16 years (Extra years possible)
Rent: $163,666 Per Annum
Turnover: 19/20 $677,672; 18/19 $740,447
Comment: Busy, very popular motel in wealthy town surrounded by large Horse Studs and varied rural production. Quality Inspection.
MQ Property ID:
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