Asking Price: $750,000 +SAV
A well maintained leasehold business catering to nearby industry, road and rail workers, tradies, railway, mining and coal workers, wedding and group bookings. Prominently located only a short drive from the main shopping strip of a main administrative centre of a pastoral, agricultural and dairying region of the Upper Hunter Shire. This single storey business offers comfortable queen, twin and family rooms with a spacious three bedroom, one bathroom residence. It is close to tourist and natural attractions, local sporting and social clubs, parks and many of the towns amenities.
This property is in great condition, has a history of strong performance and should benefit from new mining industry activity.
Turnover: $804,874 (FY2012).
Construction: One & two storey, brick, plasterboard, tile and colourbond.
Land Area: 1,228 sqm (approx.).
Rating: 3.5 Star AAA.
Age: Late 1960s and later.
Number of rooms: 24.
Room Configuration & Facilities: Queen, twin and family rooms with queen & single beds, ensuite, air conditioning, hairdryer, tea/coffee facilities, direct dial phones, free wireless broadband, fridge, microwave, digital TV, toaster, iron/board and electric blanket.
Motor Lodge Facilities: Licensed restaurant and bar, full commercial kitchen, free wireless broadband, Austar, non-smoking rooms, room service, separate guest & motel laundry facilities, plenty of storage for both business and residence.
Restaurant: Forty seat licensed restaurant with bar catering to motor lodge guests and the public. It is open daily for breakfast and dinner six nights from Monday to Saturday.
Residence: Second storey & includes three bedrooms, two with built-in robes, one bathroom, separate lounge and dining rooms, kitchenette and a two car carport.
Clientele: Plenty of repeat business from road and rail workers, tradies; railway, mining and coal workers, wedding and group bookings.
Rent: $145,526 p.a. (FY2012).
Lease Expiry: 2036