Maryborough, Queensland
PASSIVE INVESTMENT SALE ROI 8% - CENTRAL HOTEL MARYBOROUGH QLD
$1,375,000
Business Description
Current Owner to take up on both leases and operate
BAR & RESTAURANT
ACCOMMODATION
2 x Leases consisting of 30 years (10 x 3 years) each.
ROI – 8%
Lease 1: Bar and Restaurant lease $50,000 per annum CPI increases, lease holder paying 50% the outgoings excluding building insurance.
Lease 2: Accommodation $60,000 per annum CPI increases, lease holder paying 50% of the outgoings excluding building insurance.
Strong Bar and Accommodation Business.
Maryborough is on the move with “Government Incentives” on offer to improve the site further.
Potential for 3 X Off Premise Licences that can be sub-leased or operated by the leaseholder.
Large carpark with DA which could be sold off or developed
Business Summary
Key Investment Insights
1. Passive investment opportunity with a high ROI of 8%.
2. Central location in Maryborough, QLD.
3. Current owner to take up both leases and operate the bar, restaurant, and accommodation.
4. Two leases with long term of 30 years (10 x 3 years each).
5. Lease 1: Bar and restaurant lease with annual rent of $50,000 and CPI increases.
6. Lease 2: Accommodation lease with annual rent of $60,000 and CPI increases.
7. Leaseholders responsible for 50% of outgoings, excluding building insurance.
8. Strong business in both bar and accommodation.
9. Maryborough offers government incentives for site improvement.
10. Potential for 3 off-premise licenses that can be sub-leased or operated by the leaseholder.
11. Large carpark with potential for development or sale.
12. Opportunity for further growth and development of the business.
