Businesses for Sale

Buy your next business via bsale
My Account: Sign In

B & B on Bettington Freehold 4.5 STAR Accommodation

Business for Sale
Merriwa NSW

NO COMPETITION IN MERRIWA... STRONG OCCUPANCY RATE Opportunity to purchase an outstanding FREEHOLD property and accommodation business only on the market due to genuine health reasons. Double bric

Price $950,000 negotiable for immediate sale

B & B on Bettington Freehold 4.5 STAR Accommodation

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
NO COMPETITION IN MERRIWA... STRONG OCCUPANCY RATE

Opportunity to purchase an outstanding FREEHOLD property and accommodation business only on the market due to genuine health reasons.

Double brick building built in 1916 as the CBC Bank, was transformed into a tastefully decorated 4.5-Star, 5-room motel style accommodation business. Main street location in the heart of Merriwa set on a 2026.2sqm block, with town water, and is highly visible with excellent well presented street appeal plus outstanding views from the guest balconies.

Comprises:
- All rooms are air conditioned, fully furnished and with quality inclusions
- Original cedar wood and stained glass windows throughout
- 14ft Pressed metal high ceilings
- Various room configurations sleeping up to 15 persons
- Guest sunroom and dining room which seats 16 people
- Open plan manager's residence with ensuite, private entry and courtyard
- Plenty of guest off street parking as well as a manager's double lock garage, plus an extra large garden shed
- For irrigation the property has 2 large water tanks plus a large underground water holding tank

Currently operating with an occupancy rate of approximately 89% - 92% with potential to increase turnover and occupancy. A Council DA has been approved for Stage 1 with 6 self-contained motel units to be built with plenty of room for another 4 units Stage 2 if required.

Merriwa is a delightful Upper Hunter Valley town situated halfway between Newcastle and Dubbo. A town rich in many architectural gems, outdoor and cultural attractions including boutique wineries, markets and festivals. Easy access to the Goulburn River National Park, which is just 22kms south-west of Merriwa.

This successful business is currently run by husband and wife team operating to suit their lifestyle, there is huge potential to increase turnover if trading hours were increased as there is a heavy demand for quality accommodation in Merriwa. Regretful sale due to genuine health reason.

An absolute MUST-SEE property to appreciate this magnificent building and business.

Contact Seller

Logo

Coast to Coast Magazine
Buyer Matching Service
P: 1300 306 749

Bsale ID: 92345
CtoC ID: ctoc-sbus882




Similar businesses for sale that may interest you:
UPDATED

Freehold Hotel and Restaurant near Tourist Attractions

Moonan Flat, Newcastle - Hunter, NSW Business for Sale $800,000 Negotiable

If an idyllic Upper Hunter riverside location and a thriving, freehold hospitality business is what you're after, this one's a beauty! The historic Victoria Hotel is in Moonan Flat, the closest tow

Accommodation, Tourism, Management Rights Bsale ID 82143
UPDATED

6 BEDROOM RESORT HOLIDAY HOME $25,000 NETT PROFIT + FREE...

Vacy, Newcastle - Hunter, NSW Business for Sale $400,000 to $450,000

Immaculate 6 bedroom holiday retreat. Each kingsize bedoom room has tiled ensuite RC air conditioning, flat screen TV and DVD, coffee making facilities. All bedrooms open onto Recreation centre

Accommodation, Tourism, Management Rights Bsale ID 96866
UNDER OFFER

Freehold Hotel - The Mark Hotel

Newcastle, Newcastle - Hunter, NSW Business for Sale $3,000,000 + SAV

Freehold Hotel. This immaculate beautifully renovated freehold hotel is situated in a prominent corner location in a densely populated area in the heart of one of Newcastle’s most popular suburbs.

Accommodation, Tourism, Management Rights | Food - Hotels, Pubs, Bars, Liquor store Bsale ID 108911

Sign Up

Send this post to a friend