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THE BUSINESS (STRONG TURNOVER-IMPRESSIVE PROFITS)
This business shows an attractive net profit to a leasehold hands on operator of approximately $350,000 per annum ( after rent and all outgoings paid ).
You will not find a better presented or better priced opportunity than this in WA. If you are a genuine buyer of a strong and profitable motel / hospitality business contact us now as this will not last.
This outstanding property offers unequalled accommodation, hospitality and conference facilities for this busy regional hub. The accommodation enjoys occupancy rates of approximately 80% throughout most of the year. This in combination with a strong bar and bistro provides a profitable and secure trade mix for the business. Given that the available rooms are over- subscribed on most week days there is also significant potential to further develop this aspect of the business on the adjoining vacant land. This land is also the property of the Dukes Inn hotel owner. He is prepared to discuss with the leasehold operator various options for the development of this land to incorporate additional motel rooms to further expand the current business (see further details below).
The Dukes Inn Hotel was fully refurbished in 2013 and was a finalist in the Western Australian Heritage Awards that year.
The original Stables were then fully restored and converted in to a unique and impressive accommodation facility. The stables were a finalist in the 2015 heritage awards.
Following restoration and refurbishment of the Dukes Inn Hotel and the Stables, the Chalets were then built on site. The chalets comprises 3 separate blocks of modern studio and apartment style self-contained accommodation rooms.
In summary the accommodation facilities comprise
THE STABLES :
THE CHALETS :
OTHER PROPERTY FEATURES :
ADJOINING VACANT LAND
The Seller is prepared to offer a new lease of the existing business on the following attractive terms :
Keywords: hotel, motel,tavern, bars, restaurant, rural, pub, beer garden, northam,