Motel - Freehold - North Coast
\nMotel - Freehold - North Coast - Agent SBX Code Number: CB1209
Freehold motel - airconditioned with 16 ensuite rooms covering a wide spectrum of accommodation options. - All rooms have balconies, and are equipped with new HDTV, fridge, tea/coffee making facilities, microwave and hairdryer. - Free wifi is available. - Guests have access to 2 undercover BBQs in the extensive landscaped gardens. - Upstairs and downstairs function rooms / dining areas with attached kitchens are utilised for guests, and ideal for future functions and meetings. - Owner has 1 bedroom ensuite unit with lounge and access to upstairs kitchen. A room service breakfast is available, as well as a Continental breakfast in dining room.
Major upgrade of highway planned to commence in approximately 12 months and last 3-4 years. - Target social media. -More advertising. - Obtain liquor license. - Large new gaol, within 35km distance, approved with contracts to be issued in June 2017
Refurbished to a high standard. - Great highway position with strong potential due to highway upgrade.
Imposing double brick 2 storey older building recently completely refurbished to a high standard with a total area of 9000 sq. mts.
Main highway position near major North Coast city, next to small service centre.
2 owners + 2 casuals
Income is conservatively estimated based on current, and expected figures, and goal construction beginning. -Laundry is equipped with 3 washing machines and electric dryer. - HWS lends itself to heat pump system upgrade. - Figures are based on endor plans to lease out top floor of 8 rooms long term, and lower 8 rooms to short term motel guests.Large in ground pool is installed but currently unavailable due filled in with earth.
Weekly Sales $4500
Rent (ex GST) $0
Agent SBX Code Number: CB1209 - SBX Business Brokers
- Last Updated February 2017
- Business Category Food/Hospitality
- Business Sub Category Takeaway Food
- Expenses $485
- Business Selling Price $1950000
- Trading Hours As required.
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065