48 Main Street, St Marys, Tasmania
Freehold Passive Investment, Experienced Tenant, Long Lease, 8.5% Net Return from year 2
O/O $1 Million
Business Description
Iconic St Marys Hotel
This magnificent property, built circa 1910 with a commanding full-length veranda and balcony, is now available as a freehold passive investment.
It features a grand staircase, stained glass leadlight windows, and high ceilings from a bygone era.
With an experienced operator on a long lease, the pub guarantees a great return for the investor.
As the only hotel in St Marys and for many kilometers in any direction, it is located on the main Esk Highway leading to the East Coast and major towns like St Helens, Scamander, and Bicheno.
This popular country pub generates income from accommodation, food and beverage sales, and over-the-counter and bottle sales.
It enjoys high turnover and great reviews, particularly for its food.
The property includes a 758 m² solid brick building on nearly an acre of land, bordering the famous St Marys Rivulet.
It offers 15 accommodation rooms with clean and comfortable shared bathroom facilities, commercial kitchen, 2 dining rooms, public bar, manager's apartment, beer garden, and a parking area.
This is where locals gather, the community meets, and tourists and travelers stop for refreshments and a meal. With an experienced operator, this pub will thrive with strong support and business by forming lasting relationships with the community.
For further information on this exciting and rare opportunity contact Neha Suyal at ---------- or Paul Scott at ---------- or 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.
Please Note: All figures quoted are approximate.
Business Summary
Key Investment Insights
1. The property is a freehold passive investment with an experienced tenant and long lease.
2. The pub guarantees a great return for the investor.
3. The property is an iconic building with a grand staircase, stained glass windows, and high ceilings.
4. Located on the main highway, it is the only hotel in St Marys and for many kilometers in any direction.
5. The pub generates income from accommodation, food and beverage sales, and over-the-counter and bottle sales.
6. It has high turnover and great reviews, particularly for its food.
7. The property includes a solid brick building on nearly an acre of land, bordering the famous St Marys Rivulet.
8. It offers 15 accommodation rooms, a commercial kitchen, 2 dining rooms, public bar, manager's apartment, beer garden, and a parking area.
9. The pub is a popular spot for locals, community gatherings, and tourists and travelers.
10. With an experienced operator, the pub has strong support and business by forming lasting relationships with the community.
11. Interested parties should make their own investigations and enquiries in relation to the business and not rely solely on statements made by the vendor or anyone on their behalf.
12. All figures quoted are approximate.
