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

Marketing Agent
Paul Scott
Paul Scott

Business Brokers Network Australia

Business Brokers Network Australia

Key Investment Insights

AI generated. Confirm details with the seller.

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.
Listing location

This Business is sold

Listing Tools

Management Rights

STAY UP TO DATE

Receive new listing alerts

Sign up

Industry news from AccomProperties

Similar Function Centres, Hotels, Motels For Sale

You may also like

Picton Historic Home and Boutique Accommodation
RARE 43-ROOM FREEHOLD MOTEL - FIRST TIME OFFERED IN 40 YEARS | Resort Brokers ID : FH009387
$277K Net + $162K BC Salary | $1.48M Total | plus Development Potential
Exceptional Hotel & Motel country Pub for sale.
Sunshine Coast Management Rights Opportunity - Net Circa 1.2 Million
Business-Only Portfolio - $449,000+ Net + Strong Rental Demand | Resort Brokers ID : MR009297
STUNNING 13-KEY FREEHOLD ON THE GREAT OCEAN ROAD. | Resort Brokers ID : FH009394
Rare East Coast Tasmania Profitable Accommodation Villas Cottages Separate DA Lots Sea Change Opp
Long-tenure, Desirable and in demand location, with clear growth opportunities. This opportunity has it all.
Investor-Friendly Complex with Real Growth Potential in the Permanent Pool
Exceptional $559K Profit & Long-Term Lease – Townsville Motel | Resort Brokers ID : LH009385
High Return Leasehold Caravan Park - New 30 Year Lease | Resort Brokers ID : LH009386
Apollo Hotel Newcastle
Unique Beachside Property Package with Exciting Possibilities
Live the Dream Own a Proven Dunedin Motel Business
FREEHOLD MOTEL LOCATED IN HUNTER VALLERY REGION OF NSW - 1546MF
Permanent Management Rights - $181K Body Corp Salary | 24 Years Remaining | No Office Hours
LEASEHOLD - Settlement Motor Inn, Deniliquin NSW - 1P0624