Leasehold Country NSW Motel For Sale

Business description

Asking Price - $380,000 WIWO

The Motel is located in a large provincial country centre in North Western NSW.
• Well established motel with a great reputation.
• Long lease with 22 years to run (options)
• Consistent profit performances over many years.
• Ideal for an energetic couple looking to have their own business.
• Well patronised restaurant.
• Great corporate clientele.
• Well supported by the tourist trade and travellers.
• All supporting information to be supplied after a confidentiality agreement is executed.

Contact: Dave Ginnane at Sunbelt Queensland below.

Property information

Real Estate:

Lease

Lease terms:

5 years plus 4 x 5 years options

Leasehold rent:

$86,500 per annum

Location:

Located in the North Western area of New South Wales in a provincial town well patronised by tourists and travellers

Premises details:

Premises despcription available with additional information

Business Operation

Reasons for selling:

Current owners are looking to start another business in another industry on the coast where their families domiscile.