19 Wellington Street, Longford, Tasmania

Timeless Elegance Historic Tasmanian Country Hotel $150,000+sav Leasehold

SOLD

Business Description

Excellent low ingoing cash-rich business

Located on the busiest road in this vibrant country town, prominent corner position.

Enjoying income from accommodation, food, gaming and bar sales.

Property is built around 1820 and thoughtfully upgraded, exudes a nostalgic charm, adorned with car racing memorabilia.

Attractive bistro dining area, outdoor deck, further lounge and bar.

The business has garnered positive reviews on social media platforms and enjoys consistent income from a sub-lease agreement with a fruit growing company for its accommodation rooms.

Indoor seating for approximately 80 and the outdoor area can seat approx 20 patrons.

Trading only 5 days per week, potential to extend trading hours and earn more income.

Long Lease with options up to Sep 2039, the sale includes extensive plant & equipment.

Current operators and the landlord have made significant improvements on this property.

For further information on this exciting opportunity contact Paul Scott ---------- , phone ---------- .

Information will be shared only with buyers who fill out a confidentiality agreement on our website.

INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF. Please Note: All figures quoted are approximate.

Business Summary

Marketing Agent
Paul Scott
Paul Scott

Business Brokers Network Australia

Business Brokers Network Australia

Key Investment Insights

1. The business is located on a busy road in a vibrant country town, providing a high level of visibility and foot traffic.
2. Multiple streams of income from accommodation, food, gaming, and bar sales.
3. The property has a rich history, dating back to 1820, and has been thoughtfully upgraded while maintaining its nostalgic charm.
4. Positive reviews on social media platforms indicate a strong reputation and customer satisfaction.
5. The business has a sub-lease agreement with a fruit growing company, providing additional income from accommodation rooms.
6. The bistro dining area, outdoor deck, lounge, and bar provide attractive and comfortable spaces for customers to dine and relax.
7. Potential for increased income by extending trading hours beyond the current 5 days per week.
8. The long lease with options up to 2039 provides stability and potential for long-term growth.
9. Extensive plant and equipment are included in the sale, making it a turnkey operation for potential buyers.
10. Significant improvements have been made by the current operators and landlord, indicating a commitment to maintaining and improving the business.
11. Confidentiality is required for further information, indicating a level of exclusivity and desirability for the business.
12. Potential buyers are encouraged to conduct their own investigations and inquiries to ensure the accuracy of information provided.
13. All figures quoted are approximate, indicating that potential buyers should conduct their own due diligence to verify financial information.
Listing location

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Backpacker/Hostels, Hotels For Sale

You may also like

More Backpacker/Hostel, Hotel For Sale Searches
Motel Lease For Sale NSW ( Consistent Performer )
EXCITING OPPORTUNITY TO OWN YOUR OWN FREEHOLD MOTEL BY THE BAY - 2754MF
Redefining waterfront views – Noosaville’s absolute paradise management rights  | Resort Brokers ID : MR008048
Rare Freehold Going Concern Opportunity in busy Regional City | Resort Brokers ID : FH008015
GREAT STARTER LEASEHOLD MOTEL OPPORTUNITY - 2347ML
A CLASSIC PUB IN THE HEART OF TOWN - 116HF
Unlock Lucrative Returns with Effortless Part-Time Opportunities - ID 9115
3 FOR THE PRICE OF 2 FREEHOLD PACKAGE - 853MF2
IMMACULATE MOTEL LEASEHOLD WITH STUNNING OCEAN VIEWS - 501ML
GREAT STARTER MOTEL INVESTMENT OPPORTUNITY - 2347MI
GREAT STARTER MOTEL OPPORTUNITY - 2347MF
PURE LUXURY ACCOMMODATION WITH AN INCOME - 2811MF
Busy Lodge in the Heart of the Village
Exclusive - All About Location - Permanent Gem in Sought After Robina - ID 8943
Leasehold Motel, a standout in the Northern Rivers.
Thriving Caravan/Cabin Park with significant growth potential in Walkamin | Resort Brokers ID : FH008038
Acquire the leasehold of the tranquil Girraween Country Inn | Resort Brokers ID : LH008047
FREEHOLD PREMISIS + HOTEL BUSINESS + 10 ACCOMODATION ROOMS + 3 SHOPS!