Modern Building With Long Term Lease Motel/hotel – 70hl

Business For Sale Ivanhoe, New South Wales 2878

Business Category Hotel Motel Pubs



Modern Building With Long Term Lease Motel/hotel – 70hl

- 10 years commenced August 5th, 2020 with 3 x 10 years options.

- Substantial depreciation.

- A local landmark for the area.

- The old hotel burnt down in late 1995 and this one was built in 1996.

- Service centre for the area and has a constant reliable gathering of locals and tourists alike..

- 7 newly refurbished motel rooms. They feature brand new queen beds fitted out with fresh linen, air-conditioning, side tables, lounge and ensuite to make the stay a bit more like home.

- Large country style public bar with long timber counter with stools plus other assorted tables and chairs.

- 30 seat restaurant serving modern Australian cuisine.

- Large landscaped outdoor area with covered areas and bench seating.

- The Hotel kitchen is suitably equipped to cater to the hotel clientele with commercial appliances, gas facilities, ample bench space and a walk-in cool room.

- One bedroom residence onsite with ensuite and air conditioning.

- Guests don’t have to go anywhere else to feel right at home.

Net Profiut: $91,350 for 2022/23 (as provided by vendor)

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 70HL (quote when enquiring)

Property Code: 4972

Similar Businesses For Sale

This business is somewhat unique and has no similar competition in this region, category or price bracket.

Contact Seller
Michael Philpott

Bsale ID: 643782
Broker REF: tourismbrokers_50_1684

Tourism Brokers
Make Enquiry

Thank you, your enquiry has been sent now.