20 Edwardes St, South Burnie, Tasmania

$250,000 + SAV

Property Description

Tasmanian Leasehold 26 ensuite room Hotel, Motel, Function Centre, Water Views $250,000+ sav

A licensed Hotel Motel with huge potential and so much to offer such as -

Spacious public bar, with character, wood heating, 8 ball tables, darts, outdoor smoking area, walk in cool-room and more

Dinning Function room capable of seating more than 250 patrons, which can be can be segregated into smaller areas, 2nd function room, large commercial kitchen

26 ensuite rooms of varying configuration, some with water views.

5 bedroom/ 2 bathroom owners residence.

Building size 2390m2, land size 5000m2, 10 roller door garages

$200,000 spent on improvements, upgrades and replacements in last 5 years.

Available leasehold $250,000 with a new 30 year lease, or freehold offers over $1.65m, which represents a fraction of the replacement cost.

if you have the drive, enthusiasm, professional ability, the sheer size offers the potential to generate serious $$$, with the right management.

The owner will lease with the option to purchase the freehold and or some vendor 1st mortgage finance available to suitable purchaser.

Situated in a city with population in excess of 20,000, supported by manufacturing, farming and forestry, with a busy port.

Become part of the Tasmanian booming tourism industry, phone Paul Scott on 0477 771 098, email pauls@tasbps.com.au or Victor Tunevitsch on 0438 367 677
email victort@tasbps.com.au

INTENDING 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

Property Code: 66

Property Summary

Hotel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Marketing Agent


Marketing Agency

Tasmanian Business & Property Sales

Tasmanian Business & Property Sales

Tasmanian Business & Property Sales

Paul Scott
Tasmanian Business & Property Sales

Phone

Listing Tools

This listing last updated: 20th September 2018

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Map Location ( get directions )

20 Edwardes St, South Burnie, Tasmania 7320

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