80-96 Chanter Street, Berrigan, New South Wales
LEASEHOLD - Federal Hotel / Motel, Berrigan NSW - 1P0557
Leasehold - $180,000
Business Description
MHB are pleased to offer for sale as a leasehold business the Federal Hotel / Motel, Berrigan.
This one is priced to sell - be quick!
Key Features:
* 6 x motel rooms (queen & single beds), 10 x hotel rooms with 2 x communal bathrooms, 4 x showers and 2 x toilets.
* Excellent rent and lease terms with rent at $850 per week inclusive of motel and accommodation rooms.
* 3 x bedroom residence with 2 bathrooms, one with a spa.
* Dining room seats 50 pax plus tab/ bar area with pool table seats 25 pax.
* Beer garden with pergola plus seating.
* 3 private dining rooms or event spaces - perfect for meetings and parties and
of course, the Berrigan Cup weekend.
* Walk in cool rooms, 2 for the bar and one for the kitchen.
* Freshly painted and decorated in hotel bar and dining spaces.
* Open fireplace in dining room.
* 23KW Solar panel installed (no cost to leaseholder).
* Beautifully presented on Riverina Highway location.
Inspections by appointment only.
For more information or to make an enquiry, contact Angela Jacobsen direct on ---------- or contact the MHB Office on ---------- .
Business Summary
Other Features / Notes
EXCLUSIVE, Hotel, LEASEHOLD, NSW - Riverina & MurrayKey Investment Insights
1. Leasehold sale of the Federal Hotel / Motel in Berrigan NSW, marketed by MHB.
2. Vendor-marketed as "priced to sell", indicating potential vendor motivation and quick sale opportunity.
3. Accommodation mix comprises 6 motel rooms with queen and single beds, plus 10 hotel rooms served by 2 communal bathrooms, 4 showers and 2 toilets.
4. Very low rent and favourable lease terms, with rent set at $850 per week inclusive of motel and accommodation rooms.
5. On-site 3-bedroom residence with 2 bathrooms, one bathroom featuring a spa, offering owner/manager accommodation.
6. Food and beverage capacity includes a dining room seating 50 patrons, plus a tab/bar area with pool table seating 25.
7. Three private dining rooms / event spaces suitable for meetings, parties and local events such as the Berrigan Cup weekend.
8. Beer garden with pergola and seating, providing additional customer amenity and outdoor trading space.
9. Strong back-of-house refrigeration with two walk-in cool rooms for the bar and one walk-in for the kitchen.
10. Recent cosmetic investment, with hotel bar and dining spaces freshly painted and redecorated, and an open fireplace in the dining room.
11. 23 kW solar panel system installed, with no cost to the leaseholder, reducing operating expenses.
12. Prominent Riverina Highway frontage in Berrigan, presented attractively, inspections by appointment only.
