2 King Street, Scottsdale, Tasmania
Leasehold Landmark Lords Hotel, sought after rare opportunity Offers Over $350,000 +sav
SOLD
Business Description
A hotel with it all, 16 hotel rooms, 4 deluxe motel rooms, gaming including Pokies ( 10 machines owned by the hotel), Tab and Keno, food and beverage, as well as very comfortable managers quarters.
In a prominent corner position, noticed by all passing traffic and well known, A1presented and in extremely good order, an iconic Country Pub which one would be proud to have their name over the door and able to claim owner-ship.
Situated in Scottsdale, the capital of the North East in a proud area, historically strong agricultural and Aussie Rules area, the region is thriving as a result of the recently installed mountain bike trails, world-class golf courses, agricultural resurgence, world renown Bridestowe Lavender Farm and the breathtaking natural beauty and tourist attractions within the area.
This profitable hotel enjoys strong local support, along with its prominent location and character, attract tourists and passing traffic, has a turnover exceeding $1.5m.
Reasonable rent, an ideal hotel to involve the whole family, a wonderful country town in a picturesque setting.
If you have been thinking of making the move to Tasmania, or entering business, this is the perfect low-cost opportunity, which provides you with a home and all living expenses meet.
Call our professional brokers today as an opportunity like this is rare and would not last long in this buoyant market. Call Praveen Pant on ---------- or contact Paul Scott on ---------- email: ---------- NDING 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. NOTE: All figures are approximate.
Business Summary
Key Investment Insights
1. The hotel is located in a prominent corner position and is well known in the area.
2. It has 16 hotel rooms, 4 deluxe motel rooms, and gaming facilities including pokies, Tab, and Keno.
3. The hotel is in good condition and is well presented.
4. The area is thriving due to various tourist attractions and activities.
5. The hotel enjoys strong local support and attracts tourists and passing traffic.
6. It has a turnover of over $1.5 million.
7. The rent is reasonable and the hotel is ideal for involving the whole family.
8. The opportunity provides a home and all living expenses.
9. The market is buoyant and the opportunity is rare.
10. Potential buyers should conduct their own investigations and not rely solely on information provided by the vendor.
11. Figures provided are approximate.
