164 Albury Street, Holbrook, New South Wales
UNDER CONTRACT - Byer Fountain Motor Inn, Holbrook NSW - 1P0106
Leasehold $995,000
Business Description
EXCLUSIVE TO MHB
High volume and very profitable 36 room Hume Highway Motel.
An unmissable opportunity exists to purchase the 25 year leasehold of the Byer Fountain Motor Inn.
Well-presented, this iconic motel and restaurant located in the NSW submarine town of Holbrook, offers much to the purchaser.
This long-established and popular accommodation venue features 36 modern and stylishly decorated suites with diverse room configurations, a fully equipped licensed motel restaurant and a separate bar with a 50 person seating capacity, generous sized in-ground swimming pool, guest laundry, ample guest parking for cars, trailers and larger vehicles all set within stunning landscaped gardens.
An onsite spacious 2-bedroom residence with an open plan large living area and access through the reception and commercial kitchen completes the package.
Consistently ranked #1 on Trip Advisor and winner of multiple awards from Booking.com, Expedia and Gohotels.com, the motel enjoys returning regular guests with a loyal client base which includes corporate clients, government workers, truck drivers, travelling families and various coach companies that organise extended holiday bus tours around Australia.
Key Features:
* A genuine offer to market
* Long Lease with excellent terms
* Resilient business with strong turnover during Covid disruption
* Buyers Yield of approx. 50%
* Well maintained and landscaped
* Centrally located reception area with direct access to residence
* Guest laundry with coin-operated washing machine and dryer
* Excellent development opportunities
* Great location close to town and shopping precinct
* Repeat clientele with reps, workers and visitors
* Commercial kitchen
* Licensed motel restaurant and bar
* Priced to sell with good returns
This is an ideal business for a couple or family wishing to enter the hospitality industry or even for an experienced operator looking for the perfect mix of lifestyle and business amongst a great community.
You won`t be disappointed. Book an inspection to view this fantastic business opportunity without delay.
Contact Dan McDonald direct to arrange to view this exciting business.
Business Summary
Other Features / Notes
EXCLUSIVE, Leasehold, Motel, NSW - Riverina & Murray, Under ContractKey Investment Insights
1. High volume and profitable 36 room Hume Highway Motel
2. Located in the iconic NSW submarine town of Holbrook
3. Well-presented with modern and stylishly decorated suites
4. Fully equipped licensed motel restaurant and separate bar
5. 50 person seating capacity in the bar
6. In-ground swimming pool and guest laundry
7. Ample guest parking for cars, trailers, and larger vehicles
8. Onsite spacious 2-bedroom residence with open plan living area
9. Consistently ranked #1 on Trip Advisor and winner of multiple awards
10. Loyal client base including corporate clients, government workers, truck drivers, and travelling families
11. Great location close to town and shopping precinct
12. Commercial kitchen and licensed restaurant and bar
13. Excellent development opportunities
14. Resilient business with strong turnover during Covid disruption
15. Centrally located reception area with direct access to residence
16. Repeat clientele with reps, workers, and visitors
17. Priced to sell with good returns
18. Ideal for a couple or family entering the hospitality industry
19. Experienced operator looking for a mix of lifestyle and business
20. Located in a great community in the Riverina & Murray region.
