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This could be the Best Motel opportunity available in NSW

Hotel/Leisure


  • Name : Smarter Spaces Sales
  • Mobile No. :
  • Phone No. : 1300944987
  • Email : minustheagent.enquiry@gmail.com

  • Floor Area
  • 300 m²
  • Last Updated
  • 2019-01-14-10:55:54
  • Address
  • 208, DANGAR STREET, NSW, ARMIDALE, 2350, Australia
  • Sale Price
  • $3,595,000

All Seasons Motel Armidale has recently undergone an exstensive upgrade. Major works include painting, new carpets,new airconditioners, Wi-fi ,hot water service, room refurbishments plus more. Now with the occupancy trending up this forty unit Motel Restaurant Bar and Function Centre presents a fabulous opportunity for a savy new operator to capatilise on these upgrades. Ideally suited for either an experienced motelier or would also suit a couple, a family concern or a partnership to build on the Country Style Family atmosphere of the Motel cultivated by the present owners. Recently the Restaurant Bar and Function Centre had been leased and was underperforming, there is a huge opportunity for skilled operators to develop this side of the business for weddings, walk-in diners, special event parties/functions, etc. This substanial purpose built Motel was opened in 1987 and is now back in excellent condition again due to the many improvements and replacements required having now been completed. No large outlays required to upgrade rooms or the building, all has now been done, just walk in and continue selling rooms .Huge potential awaits you. All Seasons Motel Armidale is situated in spacious grounds with a pool and ample on site coach/truck and car parking at 208 Dangar Street on South Hill which is the main entry from the south into Armidale from the New England Highway, just a short walk or drive to the Centre of this University City . Vendors, having completed their mission to restore this substantial Motel, are now wishing to retire. A new lease is available at an asking price of circa $685,000 with subsidised rental and all genuine offers considered.
Freehold purchase is available by negotiation with some vendor finance available.

All Seasons Motel Armidale is listed for lease/sale privately by the owners or you may wish to contact your prefered agent or broker. Please do not contact Motel direct.

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