Motel - Leasehold - Established 40 years
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
Motel - Leasehold - North West N.S.W. - Agent SBX Code Number: CB1217
Motel - leasehold - rated 3.5 star. - Has 13 individual air conditioned rooms available consisting of 2 family + 7 twin and 4 double room options. - Each room has TV, Austar, fridge, tea/coffee making facilities and free wifi access. - A 3 bedroom air conditioned residence with adjoining office / reception area is available. - Guests have access to a modern salt water pool with gazebo and shaded BBQ area. - A continental breakfast is available and the motel is close to nearby hotel with dining available, and only 2km from town centre.
Target Facebook. - Install minibar in rooms. - Continue to update rooms.
Strong return client base. - Good pricing. - Great location. - Good return of 38% on investment.
Single storey air conditioned premises in good condition.
Main highway frontage in thriving large Northwest NSW town in close proximity to major new coal mining developments.
Current lease commenced August, 2011 - expires August, 2016 + 5 + 5 + 5 + 5 years. - C.P.I. increases. - No bond.
2 owners + 1 casual.
Miscell. 1 - Laundry. - Miscell. 2 - Austar. -Linen is owned by operators and is outsourced for cleaning. - A new 15w solar panel installation is complete.
Agent SBX Code Number: CB1217 - Sydney Business Exchange