Accommodation and Tourism
NSW
Price:
$1,195,000
MODERN MOTEL LEASEHOLD FOR SALE - CLOSE TO TOWN CBD - NEW ENGLAND
Description: This is a modern motel close to the CBD, pet friendly and opposite the local bowling club - close to shops and cafes. There is a strong mining presence.
Star Standard: 4 Star
Construction: Single level with small 2 level section. Brick construction with solid brick partitions and colorbond roof in excellent 'As New' condition.
Rooms: 30 spacious, modern and very comfortable good sized rooms.
Age: 11 Years
Clientele: Corporate and trade workers, some passing trade
Land Area: 3,790m2
Tariffs: Single $165 - $175; Double $165 - $175; Extra Person $10
Lease Term: Lease expires 11th July, 2045
Rent: $38,127 per month inclusive of GST
Chain Affiliation: No
Laundry: Large on site laundry. Excellent linen - laundered on site. Guest laundry.
Restaurant: Yes - 50 seat, licenced, room service
Services: Restaurant, licenced, room service, reverse cycle air conditioning, telephones, undercover parking, microwave ovens, guest laundry, Wifi, fire rated.
Turnover: 2018/19 $1,294,060
Nett: 2018/19 $412,027
Occupancy: 65%
Residence: 4 bedroom with built-in wardrobes to 3 rooms, own kitchen, lounge, dining, laundry, private yard. Well appointed, comfortable accommodation with good layout.
Comment: This is a rural gem with strong community values - great place to raise a family.
MQ Property ID:
5714246
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Star Standard: 4 Star
Construction: Single level with small 2 level section. Brick construction with solid brick partitions and colorbond roof in excellent 'As New' condition.
Rooms: 30 spacious, modern and very comfortable good sized rooms.
Age: 11 Years
Clientele: Corporate and trade workers, some passing trade
Land Area: 3,790m2
Tariffs: Single $165 - $175; Double $165 - $175; Extra Person $10
Lease Term: Lease expires 11th July, 2045
Rent: $38,127 per month inclusive of GST
Chain Affiliation: No
Laundry: Large on site laundry. Excellent linen - laundered on site. Guest laundry.
Restaurant: Yes - 50 seat, licenced, room service
Services: Restaurant, licenced, room service, reverse cycle air conditioning, telephones, undercover parking, microwave ovens, guest laundry, Wifi, fire rated.
Turnover: 2018/19 $1,294,060
Nett: 2018/19 $412,027
Occupancy: 65%
Residence: 4 bedroom with built-in wardrobes to 3 rooms, own kitchen, lounge, dining, laundry, private yard. Well appointed, comfortable accommodation with good layout.
Comment: This is a rural gem with strong community values - great place to raise a family.
MQ Property ID:
5714246
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Price Suffix abbreviations
P.O.A - Price on Application
Negotiable - Price can be negotiated
W.I.W.O - Walk in Walk Out(Buyer walks in, Vendor walks out)
O.N.O. - Or Near Offer
E.O.I. - Expressions of Interest
Freehold - The property in which the business is situated is owned outright. No rental.
Leasehold - The property is occupied on a rental basis, under a lease. Terms of the lease vary, commonly "3x3"(3 years with a 3 year option), "5x5x5",etc.Note:Rent $...PCM = Per Calendar Month
+ S.A.V. - Stock At Value
+ G.S.T. - G.S.T. is to be paid by buyer
+ Equipment - Equipment to be included in final price
+ Fixtures & Fittings - Items like security systems, lighting, signage,menu boards,etc. are not included in the sale price.
+ Plant - Plant not included in the sale price.
+ Vehicle - Vehicle price to be added to final price
All Inclusive - Everything associated with business included
Stock Included - Stock business holds included in final price
Negotiable - Price can be negotiated
W.I.W.O - Walk in Walk Out(Buyer walks in, Vendor walks out)
O.N.O. - Or Near Offer
E.O.I. - Expressions of Interest
Freehold - The property in which the business is situated is owned outright. No rental.
Leasehold - The property is occupied on a rental basis, under a lease. Terms of the lease vary, commonly "3x3"(3 years with a 3 year option), "5x5x5",etc.Note:Rent $...PCM = Per Calendar Month
+ S.A.V. - Stock At Value
+ G.S.T. - G.S.T. is to be paid by buyer
+ Equipment - Equipment to be included in final price
+ Fixtures & Fittings - Items like security systems, lighting, signage,menu boards,etc. are not included in the sale price.
+ Plant - Plant not included in the sale price.
+ Vehicle - Vehicle price to be added to final price
All Inclusive - Everything associated with business included
Stock Included - Stock business holds included in final price
Price:
$1,195,000