Altro para comprar en Chatswood, Nuovo Galles del Sud
"The Charrington" is a 32 room 3.5-star boutique Victorian style hotel. Enviably positioned less than 400m away from Chatswood's CBD and railway station. Boasting worldly charm and immaculately presented, the asset has wonderful light filled interiors and exquisite décor. Impeccably operated and maintained by one owner for over 40 years. The property is beautifully proportioned form the moment you step in. With an impressive and welcoming entry lounge and reception area, 2 communal kitchens, 32 self-contained rooms with ensuites and all commanding a balcony or a courtyard. Furthermore, an excellent mix of rooms including 2 x 1 Bedroom types, 1 x 35sqm bedroom type, 29 x 25 sqm bedroom types, 16 of the rooms feature air conditioning, with 3 rooms having the flexibility to convert to double rooms by the easy removal of the partition walls. Built circa 1958 of double brick and concrete slab construction, the property has been a labour of love and has been meticulously redesigned to represent the classic Victorian styled era. Proven and secure cash flow business: 2018 Pre covid GAR $1,028,744.00 Financial year 2019 Pre covid GAR $987,957.00 Financial year 2020 Covid GAR $832,596.00 Financial year 2021 Covid GAR $811,487.00 Financial year 2022 GAR $586,228.00 as at 31 June 2022 (expected GAR of $100,000 to $108,000 per month. Projected income 2022 over $1 million). Property overview: • Under same management for 41 years, will be sold as going concern with full inventory accommodating sale • Will be sold under two separate contracts • Business contract comprising of the business and inventory • Contract of Sale for the land • Free WI-FI for all guests accessible in every room and well received on all levels • Remote lighting front of building, security key boxes and outdoor security phone • NBN throughout the building, plus cost saving solar panels • Power board allowance for separate electricity metres if required • Fully Fire compliant door frames and ceilings all reinforced in preparation to make STRATA compliant • All rooms have bathroom, balconies, bar fridge, TV, microwave, tea & coffee making facilities, phone, hairdryer, iron & ironing boards, ceiling fans, heating radiators • In house laundry service is available on site This is an exceptional asset in an outstanding location boasting an excellent income stream and capital growth. Ideal for the owner operator or the astute investor.