Armidale’s Premier 4 Star Leasehold – A Guests Home Away From Home
Armidale’s Premier 4 Star Leasehold – A Guests Home Away From Home
Armidale’s Premier 4 Star Leasehold – A Guests Home Away From Home
Armidale’s Premier 4 Star Leasehold – A Guests Home Away From Home
Armidale’s Premier 4 Star Leasehold – A Guests Home Away From Home
Armidale’s Premier 4 Star Leasehold – A Guests Home Away From Home
Armidale’s Premier 4 Star Leasehold – A Guests Home Away From Home
Armidale’s Premier 4 Star Leasehold – A Guests Home Away From Home

Armidale’s Premier 4 Star Leasehold – A Guests Home Away From Home

$798,000 Firm

This charming property and first class restaurant without a doubt ticks every accommodation box from an operational and guest perspective!

Key Features

  • Absolutely beautifully presented 24 suites
  • Located close to the this thriving towns centre
  • A corporate guest haven - they need not go elsewhere
  • Inviting gardens to compliment potential of wedding and high tea functions
  • One of Armidale’s high quality go to restaurants and relaxing bar and sitting rooms
  • Long Lease in place 27 years
  • The most consistent staff in the industry
  • Landlord contributes $25,000 each year for improvements
  • Option to exit brand affiliation April 2018 creating $30 - $50k to the bottom line

NB: Property inspections are by appointment only

Key Details

Listing Ref: LH005094
Property Type: Motel
Region: NSW - North West
Suburb: Armidale
Sale Type: Leasehold
Net Profit: $195,913
Price: $798,000 Firm

Listing Agent(s)

Agent Feedback

James was the calm among the storm on a few occasions during negotiations and settlement and has been nothing short of delightful to deal with. He is honest and prompt and very diplomatic in his dealings and I have now watched him go above and beyond on two occasions for us. Couldn’t speak highly enough of our experiences.

- Max and Mandy Smith GUNNEDAH TOURIST CARAVAN PARK

We found James to be straight to the point and delivered on everything he said. James was prompt in regards to getting back to us on matters of importance and quickly achieved the price at which he appraised our property. In summary we found James very comfortable to work with to achieve our common goal, a sale.

- The Hanlon's & The O'Donnell's
Vendors,
Rockpool Motor Inn South West Rocks

James was a pleasure to deal with from start to finish (12 months) during a difficult and convoluted deal involving 3 tranches and many changes to the originally agreed transition; I would have no hesitation in recommending him as a hospitality broker.

- Chris and Luisa Lloyd
Vendor ,
Mantra Quayside Apartments