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Accommodation & Tourism business for sale in NSW

  • Accommodation & Tourism
  • NSW
  • $895,000 (GST na)

Motel For Sale - Best Location

Description: Budget style property on New England Highway in town centre location. B&B only. Adjacent to restaurants. Great little buy.

Star Standard: 3 star.

Construction: Brick single level. Mostly iron roof, residence has tile roof. Brick partitions. Good variation of unit sizes from small to large with medium size bathrooms. Construction very sound. Paint work good.

Residence: 3 bedroom with built-ins, share kitchen, lounge/dining, 2 bathrooms, private yard plus garage. Good family residence. Suitable for larger family - joins and above reception.

Age: Built 1966

Clientele: Local workers, reps, passing trade, tourists.

Land Area: 2,624sqm approx.

Tariffs: Single $75- $100; Double $85- $110; Family (4) $115 - $145; Extra person $15

Chain Affiliation: No

Laundry: Heavy duty equipment, sheets hired - remainder owned. Done onsite - good condition.

Restaurant: No - good restaurant next door to property.

Services: Room service breakfast only, BBQ, cooking facilities (one unit), fire rated, air conditioning.

Turnover: 2017/18 $247,446 - 2016/17 $284,888 - 2015/2016 $217,185

Occupancy: 54% approx.

Comment: Town centre location. Best position in town. Easy operation. 100m to pubs & town centre, restaurant next door. Ideal starter in the motel industry. Room for expansion. 600m2 additional land available for extra $45,000. Strong growth town.

MQ Property:
4837885

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Business Highlights

Business ID2015126944
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Category
Last updated  5 Apr 2019
Map for NSWNSW
Manenti Quinlan & Associates
Level 1, 105 Liverpool Road Enfield NSW 2136

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