Enter Reference

Search




Login
Email

Password

Remember Me
Email Alerts
Listings that meet your criteria emailed to you as we get them.

Leasehold Motel with finance available

Central West - New South Wales



On offer is this high yielding motel lease. You will be able to walk in and start trading successfully thanks to the level of maintenance carried out by the current lessee and the landlord.

Turnover for 2009 was $809,000, netting $214,000 (31%) after rent and expenses.

A major advantage of this fantastic lease hold motel is its function facilities. Perfect for functions, conferences, banquets and weddings of any size. The main function room can be enlarged or reduced to cater for most required configurations.

The current lessees have kept the property and fittings in good condition, having replaced beds, air conditioners, sofas, kitchen equipment, conference facilities and repainted some rooms.

Other features:
- Security system
- Disabled room
- Spa room

Additonal income ($12k/yr) is derived from renting a section of the car park to a car rental company.

This is regarded as one the premier motels in this large, busy town on the Newell Highway.

The new owners will enjoy an air conditioned 3 bedroom residence with new floor coverings.

Contact Agent



Address
PO BOX 110
Vincentia
NSW 2540
Australia

Phone
Australia 1800 198 858
Int +61 4 0974 7020

Fax
Australia 02 8208 9832
Int +61 2 8208 9832

©2007 HP Brokers P/L Privacy Policy