A rare opportunity to enter the tightly held motel market!
Leasehold motel located in a booming regional NSW Location.
Key Features:
* 20 well‐presented rooms with diverse options ranging from deluxe queen, king, twin and family rooms.
* Long lease of 28 years remaining with fair market rent across historical turnover.
* 2025 financial year business disruption due to illness.
* Narrandera being one of the stops of choice for travellers, Bishops Lodge has been blessed with its fortuitus geographical location, with the bustling town being located next to a major NSW in‐land highway junction of the Sturt and Newell Highways.
* Bishops Lodge also offers an abundance of parking that will cater to larger vehicles and is attractive to the travelling tradie that needs off street parking for security.
* The motel also provides a guest laundry, in‐ground swimming pool, BBQ area all set within tranquil surrounds.
* A large 3-bedroom family residence fitted with all the mod‐cons completes this offering.
* Demonstrating an incredible entry level leasehold motel opportunity in the current market.
Inspections by appointment only.
Contact Dan McDonald, the Exclusive Agent, direct for more information.
LEASEHOLD - Bishops Lodge, Narrandera NSW - 1P0548
Narrandera NSW
Asking Price
Leasehold - $795,000
Revenue
Profit
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ANOTHER BUSINESS SOLD BY BROADWALK BUSINESS BROKERS.
Port Macquarie & Mid North Coast Region, NSW
General Retail