Forbes, NSW 2871

Region: NSW - Central West

Sale Type: Motels - Leasehold

Sold

$450,000

Profit: $116,600

LEASEHOLD MOTEL 14 ROOMS, LESS THAN THE COST OF A HOUSE!!

We are pleased to offer the leasehold interest in Country Mile Motor Inn at Forbes New South Wales.

This very affordable leasehold business is positioned on the busy Newell Highway, in a very friendly and prosperous town.

Country Mile Motor Inn is ideally suited to a couple who may want to downsize their business interests to an easily run B & B motel, or a couple where one partner can pursue their own career, and the other to run the motel, for example Police officer, Paramedic, Grazier etc.

This a very well presented and spotlessly clean motel complex, with not a cent to spend, that has been run by the same owners for the last 13 years.

Where do you find a Leasehold Motel of this outstanding quality for the price of a normal home?

It should be noted that with more use of the internet, a good website, and the many booking agencies that are available, the increase to turnover and net profit could be increased even further

Details

  • Listing ID: R2-1172264
  • Property Type: Motels
  • Sale Type: Leasehold
  • Region: NSW - Central West
  • Suburb: Forbes, NSW 2871

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