644ML - Leasehold Motel Right Out of the Top Drawer!

SOLD

1,120 m2

Boutique 4 Star Motel!
Bed & Breakfast - no evening meals.
Walking distance to restaurants and club.
Absolute dream to operate.
Solid Trading History.
Recovering well from COVID-19 interruptions.
Long lease and good rent ratio.
Located in buoyant Commercial area.
Don't miss it!

This 4 Star Leasehold Motel is right out of the top drawer! Built in 1998 it is a beautifully maintained Bed & Breakfast Motel offering 10 units, with a solid trading history, strong turnover, high occupancy and tariffs. It is one of the best Motels for sale available in the current market. Genuine Bed & Breakfast Motel sales opportunities are rare.

It is a comfortable walk to all the town's CBD facilities. The Gunnedah area has historically had a strong, diverse commercial base, with rural, business and mining activities prominent.

The ease of operation and the quality of this Motel, make it a must to inspect.

Net profit $114,947 for 2018/19 (being the last year prior to the impact of COVID-19) - Expect Stronger in 2021/22

Contact David Head from Tourism Brokers for further information or to arrange an inspection.

Property ID: 644ML (quote when enquiring)

Location: Gunnedah is the hub of one of Australia's richest agricultural regions - the Liverpool Plains in North West New South Wales - and is located on the Kamilaroi and Oxley Highways. Gunnedah has a great variety of shopping, dining and entertainment venues. Residents and visitors will appreciate the variety of great cuisine that the local restaurants, pubs, clubs and takeaway venues have to offer.

Gunnedah primary industries is an expanding, vibrant industrial and manufacturing sector, all utilising Gunnedah's prime location, abundant supply of underground water and high capacity transport infrastructure. Key industry for the shire includes agriculture (cropping and livestock), manufacturing and processing services including brick works, leather works, grain milling and coal mining. Gunnedah is also supported by a thriving commercial and retail service sector.

Price	SOLD
Location	Gunnedah
Property ID	644ML
Category

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TOURISM BROKERS CLIENT CONFIDENTIALITY AGREEMENT

IMPORTANT MESSAGE TO ALL PROSPECTIVE PURCHASERS AND LESSEES

If you are a genuine Prospective Purchaser or Lessee, and you would like to obtain additional information in respect of any listing ofTourism Brokers it is a requirement that you agree to this Confidentiality Agreement below in order to request information on a property. Tourism Brokers will respect the discreet nature of your enquiry, as we do for all our clients.

To: Tourism Brokers Pty Ltd & Tourism Brokers (QLD) Pty Ltd trading asTourism Brokers
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Ph: 1300 512 566 (International +61 2 9872 9943)
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Email: sales@tourismbrokers.com.au

Having declared in general principle, that I/we have a genuine interest in Tourism Brokers listing/s, I/we now request that, in your capacity as broker for the Vendor, you supply us with a copy of a current “Information Memorandum” (the “Memorandum”) or similar, describing the requested listing/s in further detail. I/we undertake that the Memorandum or similar additional information, will be used for no purpose other than to assist me/us in determining whether I/we/our client wish to purchase or lease the said business/property listed. [note, if you are a professional adviser or similar acting on behalf of a client or some third party, you are required to nominate your client’s name below]. I/we agree that the Memorandum and any other information or material made available to us (written, verbal or otherwise) via Tourism Brokers or the Vendor or their Solicitors, will remain strictly confidential.

To maintain the confidentiality of the information and material made available to me/us, I/we agree as follows;

a) The information and material will only be distributed on a “need to know basis” to me/us, our senior executives or directors of our company, and /or professional advisers and financiers to my/our company, and I/we shall take responsibility that all parties involved will be bound to and will adhere to the terms of this agreement.

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a) At the time of provision or disclosure, or subsequently (through no fault of me/us) becomes in the public domain.

b) Was already known to me/us before the date thereof.

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