MOTEL - BUSY NEWELL HWY FRONTAGE

SOLD

Gilgandra NSW 2827

Accommodation/Tourism

BUSINESS FOR SALE

Description: Central-western NSW. Busy Newell Highway frontage. Small freehold or business to semi retire with.

AAA rating: 3½ star.
Construction: Brick & concrete with colour bond roof. Brick partitions. Property has been well maintained and is in spotless condition.
Residence: 2 bedrooms. Share motel kitchen, lounge, dining, bath/toilet, private yard plus carport. Very tidy modern style - incorporates reception.
Age: 1988
Clientele: Passing trade, local workers, interstate travelers.
Land Area: ½ acre
Tariffs: Single $59; Double $67; Extra Person $10
Chain Affiliation: Budget
Expansion: Extra 3 units.
Laundry: New heavy duty equipment. Linen as new. 3 changes.
Restaurant: No, room service.
Services: Room service, reverse cycle air-conditioning, BBQ, phone available.
Turnover: $106,947 inclusive
Comment: Very neat. Budget chain motel. Very solid trader. Excellent inspection.