Great Regional Motel With Strong Lease In Place

Business For Sale 101 Dumaresq Street, Armidale, New South Wales 2350

Business Category Motel

$575,000

Description

Great Regional Motel With Strong Lease In Place

Situated in the heart of the beautiful New England, this motel is close to the city center and boasts an occupancy of 85%.

The town of Armidale is a historic town with great access to Sydney (plane & rail) and Brisbane (plane) and acts as a hub for the New England. With the University of New England, three boarding schools, strong industry and located halfway between Sydney & Brisbane, Armidale is a town that lends itself to motels.

With 12 rooms, this 3.5 star motel is a great size for either an owner operator or manager couple to handle without the need for additional cleaners.

The rooms are separated into:
7x queen rooms (including one disabled)
4x twin rooms (3x queen + king single, 1x queen + double)
1x family room (queen + double)

The motel features a good sized 3 bedroom managers suit over two levels that adjoins the reception area & waiting room for ease of operation.

Attached to the residence is the motel kitchen equipped with domestic appliances, gas facilities & commercial exhaust.

There is an on site laundry for small items & pillow cases, however all linen is leased & laundered commercially offsite.

This is a neat and busy little motel perfect for a couple looking for a lifestyle business.

For more information please call Peter on XXXXXXXXXX

Disclaimer: All information contained is gathered from relevant third party sources. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries.

Motel Information

  • Restaurant Facilities
  • Liquor Licence
  • Restaurant
  • Lease: -
Other Features / Notes
0
Contact Seller
Peter Lynn

Bsale ID: 579201
Broker REF: eagle_978527

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