Narromine, New South Wales
Stunning Historic Freehold Opportunity - 2858MF
FREEHOLD $1,200,000
Business Description
An exceptional historic guesthouse that combines timeless charm with a thriving business model. Exuding elegance and warmth, this Bed & Breakfast offers a unique blend of antique furnishings, modern amenities, and a dynamic range of guest services tailored to diverse clientele.
Property Features:
- 7 beautifully appointed guest rooms
- 3-bedroom manager’s residence
- Inviting guest lounge and elegant dining area
- Situated just 2 km from air and gliding schools, and within walking distance of the Narromine town centre, restaurants, and the Services Club.
Business Highlights:
The Abbey serves as a hub for multiple visitor groups, ensuring a consistent flow of income.
Aviation Guests: Proximity to air and gliding schools attracts enthusiasts during open days, competitions, and training sessions.
Business and Professional Guests: Trusted and endorsed by several government departments, making it a preferred choice for corporate travelers.
Weddings and Family Events: A sought-after venue for special occasions, offering elegance and convenience in a charming rural setting.
Travelers: Positioned at the crossroads of the Newell and Mitchell Highways, The Abbey is a natural overnight stop for guests traveling in all directions.
Agricultural Clients: Narromine’s role as an agricultural hub brings a steady stream of agribusiness professionals.
Itinerant Professionals: Catering to tradespeople and consultants providing services to the region.
Tourists and Road-Trippers: Visitors exploring regional attractions often choose The Abbey over accommodations in Dubbo for its historic charm and peaceful atmosphere.
Turnkey Opportunity:
The Abbey is not only a beautiful property but also a fully operational business with ongoing bookings, providing immediate income to any prospective owner.
Whether you’re an experienced hospitality operator or seeking a peaceful change of pace, The Abbey Bed & Breakfast offers the perfect combination of lifestyle and income in a vibrant rural setting.
If you’re searching for something truly special, look no further than The Abbey - a timeless gem with limitless potential.
Turnover: $161,264 excluding GST for 2023/24
Occupancy 50% approximately
Contact Rob Urquhart from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2858MF (quote when enquiring)
Property Code: 5091
Business Summary
Key Investment Insights
1. Exceptional historic guesthouse with a thriving business model
2. Unique blend of antique furnishings, modern amenities, and dynamic guest services
3. 7 beautifully appointed guest rooms and a 3-bedroom manager's residence
4. Inviting guest lounge and elegant dining area
5. Proximity to air and gliding schools, Narromine town center, and other amenities
6. Multiple revenue streams from diverse clientele, including aviation guests, business travelers, wedding and event guests, tourists, and more
7. Trusted and endorsed by government departments, making it a preferred choice for corporate travelers
8. Positioned at the crossroads of major highways, making it a natural overnight stop for travelers in all directions
9. Fully operational business with ongoing bookings and immediate income for prospective owner
10. Potential for growth and expansion in a vibrant rural setting
11. Turnover of $161,264 excluding GST for 2023/24 with approximately 50% occupancy
12. A timeless gem with limitless potential for experienced hospitality operators or those seeking a peaceful lifestyle change.
