Freehold Hotel Motel New England Region | ID: 953

$995,000

Tenterfield NSW 2372

Accommodation/Tourism

BUSINESS FOR SALE

Long established, substantial hotel/motel in historic New England township. This freehold sale includes the established business with strong customer base, 18 hotel rooms, 12 room motel completely refurbished to 4.5 star standard, refurbished public bar with rustic theme, heating and air conditioning, glycol system with popular beers on tap, 60 seater restaurant plus bistro, commercial kitchen replaced in 2014, drive by bottle shop, large refurbished all weather beer garden, prominent position fronting the main highway and all on a large block of land with the potential for further site development. 2 separate refurbished residences, 3 bedrooms each provide accommodation for the owner and manager, or, can also be used as rental accommodation.



This is a popular tourist destination as well as being a regular stop over for business/sales reps . The diverse income streams from the bar, accommodation, restaurant, bistro, bottle shop make this a must see investment. Plenty of storage space onsite allowing for caravaners and grey nomads



3am full hotel license, first floor accommodation features balconies, private function room, guest kitchen, complete POS and Front Office system in place. Huge opportunity for owner operator to increase trade under proactive management.



If you would like to know more about this business please complete our online confidentiality agreement here:

https://www.abbabusinesssales.com.au/ca-forms/ca-form-953

or visit our Website www.abbabusinesssales.com.au and use the reference #953 to search for the business.

Property Code: 953