For Sale $2,700,000
SBX Business Brokers

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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale


For Sale $2,700,000

Business Details

Investment - Motel - Freehold - North Coast N.S.W.

\nInvestment - Motel - Freehold - North Coast N.S.W. - Agent SBX Code Number: T2840

Four star freehold motel comprising of 32 rooms with a number of large family rooms. - Includes a beautifully renovated restaurant and a new swimming pool with a large heated spar. - Current lessee is a very experienced operator with many years in the motel and restaurant industry.

Great motel City with very little competition and steady growth prospects. - Very favourable lease with C.P.I. increases.

Very strong provincial City serving Northern NSW coastal growth areas. - Very strong tenant. - Recently refurbished rooms to a four star standard. - Showing a great return on investment.

This motel has a total area of 3500 sq. meters on a large rectangular level land.

Situated in the main street of a large provincial City next to the largest Licenced Club .

Current lease commenced in July 2007 with a 5 year lease + a further 5 + 5 +5 +5 + 5 years.

This is a freehold investment only with a very secure tenant. -Great long term investment showing almost 3 times better return than bank interest. - The lease provides that the lessee pays all outgoings including council rates and land tax. - The rental paid is net to the landlord. - Very strong capital growth based on long lease with annual C.P.I.increases currently showing approx. $80,000 capital growth per annum.

Weekly Sales $0
Rent (ex GST) $0
Wages $0
Profit $4250

Agent SBX Code Number: T2840 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Takeaway Food
  • Business Selling Price: $2700000
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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Phone: 02 9439 4403
Fax: 02 9439 5944

SBX Business Brokers
Phone: 02 9439 4403

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