MOTEL - LARGE B&B MOTEL IN CITY CENTRE LOCATION

SOLD

Griffith NSW 2680

Accommodation/Tourism

BUSINESS FOR SALE

Description: Large B&B motel in city centre location. Adjacent to service club. Thriving regional centre. Immaculate presentation. No restaurant. Not a cent to spend.

AAA Rating: 3½ star
Construction: Brick & tile. All units ground floor. Residence second floor. Brick partitions. Concrete slab construction. Excellent street appeal.
Residence: 3 bedroom with built-ins, own kitchen, lounge, dining, bath/laundry, private balcony, carport. Excellent family residence.
Age: 20 years approx.
Clientele: Strong corp plus tourist and passing trade.
Land Area: 2455sqm approx.
Tariffs: Single $87 - $92; Double $98 - $102; Family $110; Extra Person $12.
Chain Affiliation: Yes
Lease: No
Laundry: Heavy Duty Kleenmaid. All linen owned. Sheets sent out.
Restaurant: No restaurant. Excellent dining facilities at club adjacent.
Services: Room service, breakfast, pool, BBQ, microwaves (12), air-conditioning, fire rated.
Turnover: $670,711 (2006), $619,130 (2005), $579,612 (2004).
Occupancy: 63% approx.
Comment: Delightfully maintained motel. Has large return trade and very popular with reps and tourists alike. CBD location. Excellent dining facilities at the club adjacent.