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This Business is listed for urgent sale due to a family crisis, and the price has been reduced for immediate sale. The offering presents an opportunity to acquire a well estblished motel accommodation Business. An ideal opportunity for an astute Business person or husband and wife team to purchase this well run motel, located on busy road and only minutes from Adelaide Airport. The property features 30 rooms, Restaurant, Bar, on site parking, swimming pool, spa, commercial laundry, guest laundry. Capital improvements to the motel have been in excess of $250,000.00 up to 2015 from motel income.
7 years left on current lease with option for new lease being put in place at the end of tenure.
295,200.00. per annum
Close proxsimity to Adelaide Airport, Petrol Station, Shopping Complex and Beach.
6.00am - 11.00pm Monday - Sunday
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