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

Receive new listing alerts

Sign up
Similar Function Centres, Hotels, Motels For Sale

You may also like

Caretaking Only!!!
East Coast Corporate FHGC Motel
Calling All Developers - Potential Plus
Freehold Motel with Licensed Restaurant & Bar | Regional WA | 60+ rooms | fully under management
Far North Queensland Coastal Tropical Caravan Tourist Park - 896CPF
Exclusive - Highly Passive Business Only 1.85 Multiplier - ID 9238
AN EXCITING OPPORTUNITY WHERE TRAVEL IS INCLUDED – 13CL
Robina Permanent Management Rights – Strong Income, Long Tenure, Flexible Operation
A Rare Opportunity to Aquire a Luxurious and Highly Profitable Management Rights Business
Blue Chip Management Rights with the Ocean at Your Doorstep
Townsville Permanent Management Rights Opportunity, No Real Estate to Purchase
FREEHOLD MOTEL LOCATED IN HUNTER VALLERY REGION OF NSW - 1546MF
FREEHOLD MOTEL WITHIN 2.5 HOURS OF BRISBANE – 2290MF
Own the Land. Grow the Income. Live the Lifestyle. | Resort Brokers ID : FH009355
A little Noosa luxury. A very smart next move. | Resort Brokers ID : MR009351
LIFESTYLE FLEXIBILITY IN TWEED HEADS WITH NO ONSITE REQUIREMENT + SERIOUS UPSIDE | Resort Brokers ID : MR009347
Secure a Rare Passive Investment in a Prime Eyre Highway Location | Resort Brokers ID : INV009348
Add On Caretaking!!