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Accommodation & Tourism business for sale in NSW

  • Accommodation & Tourism
  • NSW
  • Motel Leasehold $450,000

Motel Leasehold For Sale - Prosperous Rural Centre - Excellent Opportunity

Description: Motel in prosperous rural centre with great Newell Highway exposure.

Star Standard: 3.5 star

Construction: Very sound, good as new condition. Hardiplank construction with colorbond roof and insulated gyprock partitions.

Interior: 16 Units - variation of unit sizes, very good quality appointments - immaculate inspection.

Clientele: Corporate, Representative, Local Rural Workers, Miners, Passing Trade

Tariffs: Single/ Double From $110; Family (4) From $175; Extra Person $20

Turnover: 2018/19 $368,560; 2017/18 $325,411 (Exclusive of GST)

Chain Affiliation: No

Lease: 22 Years

Rent: $7,922.06 Per Month (inclusive of GST) ($95,064.72 Per Annum)

Occupancy: Approx. 77%

Restaurant: N/A

Laundry: Full commercial equipment. Linen in excellent condition. Owned and laundered on site - except sheets.

Services: Reverse cycle air-conditioning, in-ground pool, Parking, fire rated.

Residence: 3 bedrooms with cupboards, lounge/dining, bath/toilet, store room, balconies, carport. Convenient family residence near reception.

Comment: Excellent opportunity with a well positioned B&B Motel in busy country service centre. Long 22 year lease.

MQ Property ID:
5287857

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Ray Larkin
Manenti Quinlan & Associates
Ray Larkin
Manenti Quinlan & Associates
Jeremy Cusack
Manenti Quinlan & Associates
Jeremy Cusack
Manenti Quinlan & Associates

Business Highlights

Business ID2016063617
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  7 Feb 2020
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Ray Larkin
Manenti Quinlan & Associates
Ray Larkin
Manenti Quinlan & Associates
Jeremy Cusack
Manenti Quinlan & Associates
Jeremy Cusack
Manenti Quinlan & Associates

Business Highlights

Business ID2016063617
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  7 Feb 2020
Manenti Quinlan & Associates
Level 1, 105 Liverpool Road Enfield NSW 2136
Ray Larkin
Manenti Quinlan & Associates
Ray Larkin
Manenti Quinlan & Associates
Jeremy Cusack
Manenti Quinlan & Associates
Jeremy Cusack
Manenti Quinlan & Associates

Ask Ray Larkin about this business

Ray Larkin

Ray Larkin

Manenti Quinlan & Associates

Jeremy Cusack

Jeremy Cusack

Manenti Quinlan & Associates

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0407 220 116
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