Kyneton Gingerbread Freehold Motel 9 Rooms & Residence For Sale

Business description

Kyneton Gingerbread Motel
Freehold

9 Rooms & 2 bedroom Residence

Takings over $230,000 per year.

Nice Historic developing town and in Piper St.

On two blocks of land. Land value alone is over 400,000.

Recent council approval for extra 8 units.

85 km from Melbourne.CBD

Asking only 1,150,000.

Property information

Real Estate:

Real Property Included

Living accommodation:

9 x Units - with new double twin or triple beds plus bathroom, TV, AC, microwave, and fridge. New Shutter Curtains and carpets. Staff or Owner Accomodation includes kitchen, Lounge, Bathroom, 2 x Rooms connected to reception.

Premises details:

Nice, Clean & SImple to run.

Potneital to run another busniess from residence and adjoining block of land.

Please do not contact the motel directly - please make initial contact below with your contact details so we can get back to you.

Business Operation

Expansion potential:

Land to Build more Units which has been approved by Council.

Competition / Market:

One other Motel in town

Trading hours:

7-12 and 2-9pm

Employees:

Manager Owner and Casual Staff as required.

Years established:

Over 20 Years

Other information

Support & training:

Will ensure full training & handover as required.

Furniture / Fixtures value:

$10,000 (included in the asking price)

Inventory / Stock value:

$10,000 (included in the asking price)

Website:

Please click here to view the link