MOTEL FOR SALE- NEW ENGLAND B&B MOTOR INN

SOLD

Description: First time offered in 23 years this New England Highway B&B Motor Inn is in a prime highway frontage location. This Motel offers an owner operator the opportunity to not only improve this business but to get substantial capital gain as well. Don-t miss this offering.

AAA Rating: 3 star

Construction: 16 units. Single storey brick construction with tile roof and brick wall partitions. Variation of unit sizes from small to 2 room family units. Clean and well maintained. Solid brick construction - reasonably good paint.

Residence: 3 bedrooms, 1 with built-ins. Large lounge/dining, bath / toilet, kitchen, carport, private yard. Generous size family residence.

Age: Built 1969 - 1979 approx.

Clientele: Passing trade, season worker trades, reps, interstate travellers.

Site: 9,931 square metres.

Tariffs: Single $69 - $79; Double $76 - $89; Family (4) $135 - $155; Extra Person $10 - $15.

Chain Affiliation: No

Laundry: Heavy duty commercial - good condition. All linen owned and done on site. 2+ changes in new to good condition.

Restaurant: No - next door.

Services: Air-conditioning & heaters, fire rated.

Lease: No

Turnover: 14/15 $118,328

Comment: First time offered in 23 years. New England Highway frontage with huge potential.


MQ Property ID:
2565370


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