80-96 Chanter Street, Berrigan, New South Wales
UNDER OFFER - Federal Hotel / Motel, Berrigan NSW - 1P0557
Leasehold - $165,000
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 us direct on ---------- .
Business Summary
Other Features / Notes
EXCLUSIVE, Hotel, LEASEHOLD, NSW - Riverina & Murray, Under OfferKey Investment Insights
1. Leasehold hotel and motel in Berrigan NSW, positioned on the Riverina Highway, offering strong roadside visibility and regional traffic.
2. Total accommodation mix of 16 rooms, comprising 6 motel rooms with queen and single beds and 10 hotel rooms served by communal bathrooms, suitable for short stay and group bookings.
3. Attractive lease economics with rent at $850 per week inclusive of motel and accommodation rooms, described as excellent rent and lease terms.
4. 3 bedroom residence with 2 bathrooms on site, including one bathroom with a spa, offering owner or manager accommodation and operational convenience.
5. Food and beverage capacity includes a dining room seating 50 patrons and a tab bar area with a pool table seating 25 patrons, supporting multiple revenue streams.
6. Three private dining or event spaces, ideal for meetings, parties and peak local events such as the Berrigan Cup weekend, enhancing event income potential.
7. Beer garden with pergola and outdoor seating, expanding serviceable capacity and offering seasonal patron appeal.
8. Strong back of house infrastructure with three walk in cool rooms, two dedicated to bar operations and one for the kitchen, aiding efficient stock management.
9. Recent cosmetic upgrades, with hotel bar and dining spaces freshly painted and decorated, reducing immediate capital expenditure.
10. 23 kW solar panel system installed at no cost to the leaseholder, delivering operational cost savings and sustainability credentials.
