, Forbes NSW

For Sale

Accommodation/Tourism

SOLD

Description: Busy Newell Hwy town. Large corporate motor inn. Prime position. All the property has been recently upgraded.

AAA Rating: 3½ star.
Construction: Brick single level. Clip-lock iron roof. Brick partitions. Good variation in room sizes, extensive renovation work carried out.
Residence: 1 bedroom, share kitchen, lounge, dining, bathroom.
Age: Mid 1970's
Clientele: Strong corporate, rep & worker trade from mines, passing trade.
Land Area: approx 1 acre
Tariffs: Single $79; Double $85; Family $95; Extra Person $10
Chain Affiliation: Choice
Lease: New 25yr term. Rent: $240,000
Laundry: Full commercial. Linen is all currently hired.
Restaurant: 50 seat licensed with bar area.
Services: Room service, pool, 1 unit with cooking facilities, fire rated, air conditioning.
Turnover: $1,200,000
Occupancy: 65%
Comment: Well established, reliable, performing motel in strong central western centre.