20152 Highly Rated Motel and Restaurant - Leasehold Opportunity
This is your chance to purchase the leasehold for an iconic and well-presented motel and restaurant located in the submarine town of Holbrook, NSW.
With the easing of restrictions and the opening of borders, this motel is an ideal stopover for weary travellers moving between New South Wales and Victoria. This long-established and well-known property is a guest favourite in the area, consistently ranked #1 on Trip Advisor and winner of multiple awards from Booking.Com, Expedia and Go Hotels.Com.
This business has seen a successful bounce back from Covid-19 and is currently sitting at a 74% occupancy rate. There will never be a shortage of work as this business has a regular, loyal client base including corporate clients, government workers, truck drivers, couples, young families, grandparents and various coach companies that organise extended tours around Australia.
This property offers a total of 36 rooms consisting of 19x queens, 7 x twins (queen and a single), 4 x trundles (queen, single and a trundle), 2 x sets of interconnecting family rooms (queen bed and 3 singles in each set) and 1x set of interconnecting twin rooms (2 queen beds and 2 singles). There is also a fully equipped, licensed motel restaurant included that hosts a separate bar and seating capacity for 50 people.
Key Features Include:
-Renowned, highly regarded property since 1966
-Great rent and long lease options available
-Can be operated by one person but ideally suited to a family or partnership
-Well trained, reliable staff in place to assist the new owner with a smooth transition
-The motel reception is centrally located at the front of the property and has direct access to the owner’s residence for ease of operation
-Guest laundry included, consists of one coin-operated washing machine and dryer, ironing board and iron
-Excellent growth potential, the new owner could increase revenue by introducing a cooked breakfast in the morning or extending the restaurant trading hours to include weekends
There is always enormous interest in this type of opportunity, so you will need to act quickly before it’s too late. Complete an online enquiry form today to find out more information about this great property.
Property Code: 615