Linda Currie
Office:506-325-2500 Mobile:506-325-8654 Fax:506-325-2445
Email Linda

Type:

Motel/Hotel

Sale/lease:

For Sale Only

Title to Land:

Freehold

Property Size:

3.0 - 9.99 Acres

Access:

Site Influence:

Highway Access, Visual Exposure, Shopping Nearby, Treed, Cleared, Public Parking

Heating:

Electric, Oil, Baseboard, Hot Water

Fire Protection:

Utilities:

Septic, Well, Telephone

Rental Equipm.:

None

Documents:

Legal Description, Deed

Exterior:

Recreation Area, Wheel Chair Accessible

Driveway:

Paved

Construction:

Wood Frame

Internal Features:

Living Accommodations, Public Washroom, Recreational Facilities, Laundry Facilities, Air Conditioning

Roof:

Asphalt Shingle

Floor:

Wood

Inclusions

Fully loaded kitchen and all the assets required to run a motel business.

Exclusions

Remarks

This 20 unit 36 bed motel has been well maintained and kept updated. Good signage on the TCH from both directions. One of the areas most popular German restaurant.First motel on highway from Fredericton. Easy access from new Trans Canada Highway. Owner will assist the new owners for 6 months. Experience as a chef would be an asset. All rooms have phones, AC, TV (Satellite) and full bath. 6 full time staff and 7 part time staff. Roofing replaced in 2000. Wireless internet. All hotwater heated by oil. Inn keepers residence.

Floors:

Rental Income:

YES

Building Age:

1971

Heating:

Prop.Taxes:

Bus.Tax:

Electricity:

Water:

Insurance:

Int.Maint.:

Ext.Maint.:

Struct.Maint.:

Gross Revenue:

Total Expenses:

Net Income:

Lease Type:

Assessment:

$266800

Taxes:

$6788 (2009)

Improvements:

Listing Office:

ALL SEASONS REALTY LTD. 506 325-2500

Listing Agent:

LINDA CURRIE 506-325-2500