80-96 Chanter Street, Berrigan, New South Wales
LEASEHOLD - 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 & MurrayKey Investment Insights
1. Leasehold sale of the Federal Hotel/Motel in Berrigan, offering a turn-key accommodation and pub business.
2. Motivated seller indicated by "priced to sell, be quick", suggesting potential for prompt acquisition.
3. Combined accommodation mix of 6 motel rooms and 10 hotel rooms, with 2 communal bathrooms, 4 showers and 2 toilets, supporting significant guest capacity.
4. Attractive rent and lease terms, with weekly rent of $850 inclusive of motel and accommodation rooms, implying predictable occupancy cost.
5. On-site 3 bedroom residence with 2 bathrooms, one with a spa, providing owner/operator living accommodation.
6. Dining room seating for 50 patrons and a tab/bar area with pool table seating 25, enabling multi-area trade and revenue streams.
7. Three private dining/event rooms, suitable for meetings, parties and peak local events such as the Berrigan Cup, enhancing event income potential.
8. Beer garden with pergola and seating, offering outdoor service capacity and appeal in favourable weather.
9. Three walk-in cool rooms, two dedicated to the bar and one to the kitchen, supporting efficient beverage and food operations.
10. Recently freshly painted and decorated hotel bar and dining spaces, reducing immediate refurbishment costs and improving guest appeal.
11. 23 kW solar installation provided at no cost to the leaseholder, likely lowering ongoing energy expenses.
12. Prominent Riverina Highway location in Berrigan, offering roadside visibility and accessibility for travellers.
