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Accommodation & Tourism business for sale in NSW

  • Accommodation & Tourism
  • NSW
  • Leasehold $520,000

Motel Leasehold For Sale - 2 Hrs From Sydney - Prime Highway Location

Prime highway location only 2 hours from Sydney. Strong growth region. Very easy operation.

Star Standard: 3.5 star

Construction: 17 units - single storey. Brick and cladding construction with tile roof and brick wall partitions. Very well maintained and presented. Paintwork and structure in excellent condition.

Interior: Newly renovated guest rooms including new roomy bathrooms. Carpets and beds 'as new'. Great inspection.

Age of Building: Approx. 35 Years

Land Area: Approx. 2,800m2

Tariffs: Single $140; Double $150; Family (4) $160; Family (5) $170

Turnover: 2020 Calendar Year $381,441.20

Chain Affiliation: No

Lease: 25 Years

Rent: $97,945 Per Annum

Laundry: Commercial. Linen owned and laundered on site - 2.5 changes of linen in 'as new' condition

Restaurant: Yes - Not Currently Open due to COVID-19 - Licensed Bar / Lounge area with fireplace

Services: Room service (breakfast and dinner - Monday to Saturday), reverse cycle air-conditioning & heaters, conference / meeting facilities, telephones for room service, internet, microwave ovens, barbecue and outdoor entertaining area, on-site parking, parking for boats and trailers, guest laundry, 10kw solar system, fire rated.

Occupancy: 55%

Residence: 2x residences - one bedroom manager's apartment with own kitchen, dining and lounge area and two bedroom owner's residence.

Comment: Strong growth region. Potential to lift income considerably.

MQ Property ID:
6384790

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Business Highlights

Business ID2016921450
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Last updated  8 Apr 2021
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Business Highlights

Business ID2016921450
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  8 Apr 2021
Manenti Quinlan & Associates
Level 1, 105 Liverpool Road Enfield NSW 2136
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