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 & Murray
Key Investment Insights
1. Leasehold sale of the Federal Hotel Motel in Berrigan, positioned as priced to sell, indicating potential for quick acquisition.
2. Combined accommodation stock of 16 rooms, comprising 6 motel rooms with queen and single beds and 10 hotel rooms served by communal bathrooms and showers.
3. Very low weekly rent of $850 inclusive for motel and accommodation rooms, suggesting strong margin upside for the leaseholder.
4. Onsite 3 bedroom residence with 2 bathrooms, one with a spa, offering owner accommodation or rental income flexibility.
5. Multiple food and beverage revenue streams, including a dining room seating 50, tab/bar area with pool table seating 25, and a beer garden with pergola seating.
6. Three private dining or event spaces, supporting meetings, parties and local event trade such as Berrigan Cup weekend.
7. Cold storage infrastructure includes three walk-in cool rooms, two dedicated to the bar and one to the kitchen, supporting efficient F&B operations.
8. 23 kW solar installation provided at no cost to the leaseholder, lowering ongoing energy costs and improving operating margins.
9. Freshly painted and redecorated hotel bar and dining areas, reducing short-term capital expenditure for a new operator.
10. Riverina Highway frontage in Berrigan, offering visible, accessible location for passing trade and regional travellers.
11. Open fireplace in the dining room, presenting a hospitality feature that can enhance ambience and seasonal appeal.
12. Exclusive NSW Riverina and Murray listing, inspections by appointment only, indicating controlled marketing and potential vendor selectivity.