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- 23 Dec 2016
MOTEL FOR SALE - CLOSE TO TAMWORTH
Description: Close to Tamworth. Only Motel in town. B&B only. Easy to operate. Low maintenance property. Easy for couple to operate.
AAA Rating: 3.5 Star.
Construction: Brick on concrete slab. Tile roof. All single level with brick partitions.
Residence: 1 bedroom with built-in wardrobe, large lounge/dining, bathroom/toilet, private yard, share Motel kitchen, carport. Good roomy Residence - suit couple.
Age: Built in 2 stages, 1975 - 2002.
Clientele: Good repeat trade. Some corporate plus passing trade.
Land Area: 2,600sqm approx.
Tariffs: Single $90- $95; Double $100- $125; Family $100; Extra Person $10.
Chain affiliation: No.
Laundry: Commercial equipment. All linen owned except queen sheets.
Services: Room Service, D/D phones, broadband cable to all rooms, Austar. Good medium size rooms.
Turnover: $161,404 2014-2015
Occupancy: 50% approximate.
Comment: The only Motel in very strong rural town. Reliable trader with room for growth. Beautifully presented. Nothing to spend.
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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