Business For Sale Lakes Entrance, Victoria 3909
Business Category Motel
$700,000
Description
Motel - Leasehold - Accommodation Chain - Motel - Leasehold - Long Lease - East Gippsland
Motel - Leasehold - Accommodation Chain - Victoria East - Agent SBX Code Number: CB1494
Motel leasehold, member of a strong motel chain, located in a strong regional town with good access to all local attractions and coastal destinations. Accommodation consists of 14 air conditioned ensuite rooms, comprising 4 x family, 4 x twin ( including 1 x disabled accessible ) and 6 x double. All rooms are equipped with queen beds, and have free wifi, flat screen TVs and cable channels. A separate 3 bedroom manager residence with reverse cycle air conditioning, lounge, kitchen and bathroom adjoins reception/office area. A two vehicle carport is available, and guests have access to an inground pool, BBQ area and self-service laundry. Strong commitment to energy savings with 64 solar panel installation.
Potential
Target Social media.
Features
Great position - Long lease - Member strong motel chain - Excellent website with emphasis on marketing - Good mix of accommodation options - Energy savings options commitments.
Premises
Single storey double brick construction with separate reception/residence.
Location
Prominent position in thriving East Gippsland town, accessed from main Highway and close to National Parks and popular coastal spots.
Trading Hours
As required.
Lease
5 year lease commenced Oct. 2021 + 5 + 5 + 5 + 5 years - C.P.I. increases. - Bond 1 month.
Employees
1 owner - 2 casuals.
Comments
Misc.- 1 - Booking commissions - Misc.- 2 - Waste disposal and cleaning ($75) laundry ($400) - Sheets are cleaned externally with other linen and towels cleaned in-house - Laundry equipped with 2 x washing machines and 2 x gas heated dryers - HWS supplied by 2 x electric units.
Agent SBX Code Number: CB1494 - Sydney Business Exchange
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