• Name : Minus The Agent Sales
  • Mobile No. :
  • Phone No. : 0480015123
  • Email :

  • Floor Area
  • 300 m²
  • Last Updated
  • 2019-05-10-13:51:03
  • Address
  • 208, DANGAR STREET, NSW, ARMIDALE, 2350, Australia
  • Sale Price
  • $3,495,000

Phone enquiry code for this property : 7428

Due to changed cicumstances now offered at a reduced price, 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 with generous terms and the freehold wiwo. purchase is available by negotiation with some vendor finance considered. Lease from $495,000 .Freehold sale wiwo. from $3.25m with vendor finance.Terms over 5 years to an approved purchase.

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

Phone enquiry code for this property : 7428

Be the first to see new properties

Sign up for a MyCommercial account to get property alerts.

Get Email Alerts