MOTEL FOR SALE- PROSPEROUS RURAL CENTRE

SOLD

Cootamundra NSW 2590

Accommodation/Tourism

BUSINESS FOR SALE

Description: Prosperous rural centre B&B motel in CBD location. First time offered in over 12 years. Immaculately presented property. Very busy family business.
AAA Rating: 3 star

Construction: Two storey brick motel with brick wall partitions and tiled roof on motel and clip-lock roof on residence. Medium sized units. Very good quality appointments. Spotlessly maintained. New flat-screen televisions. Paintwork as new.

Residence: 3 bedroom, 1 with built-ins, lounge/dining, sun room, bathroom, share kitchen, private yard and carport. Very good family residence. Adjoins reception.

Age: Built 1960

Clientele: Reps, local worker trade, local tourism, passing trade.

Land Area: 1/2 acre approx.

Tariffs: Single $70-$2; Double $82 - $84; Family (4) $106; Extra person $12

Chain Affiliation: No

Lease: No

Laundry: Domestic heavy duty. Linen hired.

Restaurant: N/A - Breakfast to units.

Services: Room service breakfast, in-ground pool, BBQ, Austar, fire rated, split air-conditioning.

Turnover: $136,734 2011/2012; $85,404 July-Dec 2012

Occupancy: 43% approx.

Comment: Very tidy well-presented motel with excellent family residence. Sudden serious illness has forced long term owners to offer this property to the market. Excellent entry level business.

MQ Property ID:
845240

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