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Motel - Freehold - Investment - Opportunity

Business for Sale
Motel - Freehold - Investment - Opportunity
QLD

Motel - Freehold - Investment - Queensland North Coast - Agent SBX Code Number: CB1302 Freehold airconditioned motel with lease in place and with 12 ensuite guest rooms, plus another r...

Price $600,000.00

Motel - Freehold - Investment - Opportunity

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Motel - Freehold - Investment - Queensland North Coast - Agent SBX Code Number: CB1302

Freehold airconditioned motel with lease in place and with 12 ensuite guest rooms, plus another room used for storage, providing a good range of accommodation options - All rooms have tea/coffee making facilities, fridge, microwave oven, flat screen TV and free wifi access - A comfortable separate two storey airconditioned residence of 3 bedrooms and two bathrooms has a kitchen capable of providing room service meals also contains the office/reception area - The motel is located in landscaped gardens and guests have access to an attractive in ground pool with gazebo style shelter.

Potential

Provide room service meals - Obtain liquor license - Provide Foxtel to rooms which is currently available to residence - Update computer software - Attend to minor cosmetic appearance issues.

Features

Great position - Strong passing traffic - Easily managed - Close to all amenities

Premises

Single storey Besser brick premises with separate 2 storey 3 bedroom premises and a total area of 1500 sq. mts.

Location

Main highway frontage in strong regional town close to coast in North Queensland.

Trading Hours

As required.

Lease

New lease commenced 20 Dec .2016 expires 19 Dec 2026 + 5 + 5 + 5 + 5 years - increasea C.P.I.- nil bond.

Employees

1 owner.

Comments

Income is gst inclusive - Buildings are built to cyclone proof standards - Lessee pays all outgoings - Lease is available for purchase ( see CB1279 ).

Agent SBX Code Number: CB1302 - Sydney Business Exchange

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 195514
SBX ID: CB1302




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