Motel and accommodation for sale, Dubbo NSW

About the business

A hotel and motel with 7 newly renovated motel rooms in Dubbo, New South Wales. The restaurant accommodates up to 20 guests, and the kitchen has commercial appliances, gas facilities and a walk-in cool room. A one bedroom residence onsite has an ensuite and air conditioning. It trades 7 days, 7.30 am to 5 pm. The lease of 10 years commenced 5th August 2020, with a further 2 x 10 year options, and the tenant pays all outgoings. It is a freehold investment. The reason given for the sale is other business interests. The broker reports that the business is currently under management and is the only hotel-pub within a 200 km radius in each direction.