Motel Details Printable

New England North West - Leasehold

Reduced Sale

$499,000.00

Listing No: 01397LH

Description:Walk In Walk Out; Providing an excellent start to the motel industry or a home with an income, this superbly presented B&B motel is located in the heart of the New England region. Set back from the roadside in private garden surroundings provides peace and yet still within walking distance to Shopping Centres, Clubs and all in town amenities. High quality and well maintained all ground floor units with a strong 3.5 star rating, this attractive, long lease property offers a solid business that is easy to operate, would suit first time to the industry or semi-retired with a large, comfortable accommodation for the prospective owners. Steady and increasing repeat trade in a major growth centre, this property is highly recommended for your inspection and consideration. Committed elsewhere, the vendors are keen to sell reducing sales price to meet market expectations and will consider all reasonable offers so take advantage of this most opportune purchase.


Number of Rooms: 13

Construction:Brick & Tile

AAA Rating: 3.5

Year Built: 1980's


Residence
: Large, comfortable, 2 storey, 4 bedroom residence with 3 bedrooms upstairs and 1 bedroom downstairs.

Restaurant:No but within walking distance to shops & Clubs

Services:Cot/s - $

Meals: B/fast & Dinner to Units


Figures:

2012 Turnover: $218,600.00

NOP: -

NAR: $97,000.00

12 Mths–(Aug 10 to July 11) Turnover: $245,500.00

NOP: -

NAR: $118,000.00

Turnover: -

NOP: -

NAR: -

(NAR : "Net After Rent"       NOP: "Net Operating Profit")

Last Updated: 01 February 2013


Contact: Steve Herington

Mobile: 0408 537 028









Disclaimer: Every effort has been made to provide accurate information as possible. However, New South Wales Motel Brokers is not responsible for mis-statement of facts, errors or omissions. It is recommended that a purchaser to rely on his or her own enquries.

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