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. Located on the busiest road in a vibrant country town, with a prominent corner position.
2. Income from accommodation, food, gaming and bar sales.
3. Property built around 1820 and thoughtfully upgraded, exuding nostalgic charm.
4. Adorned with car racing memorabilia.
5. Attractive bistro dining area, outdoor deck, lounge and bar.
6. Positive reviews on social media platforms.
7. Consistent income from sub-lease agreement with a fruit growing company.
8. Indoor seating for approximately 80, outdoor area for approximately 20.
9. Potential to extend trading hours and increase income.
10. Long lease with options up to Sep 2039.
11. Sale includes extensive plant and equipment.
12. Significant improvements made by current operators and landlord.
13. Confidentiality agreement required for further information.
14. Intending purchasers to make their own investigations and enquiries.
15. All figures quoted are approximate.
Listing location

This Business is sold

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