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H809
Coastal Leasehold Hotel For Sale
MID NORTH COAST NSW
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Summary
Asking price: $1,350,000 Sales revenue: $3,190,000 Net profit: Available on request Home based: This business can be run from home.
  
Business description A real performer in a strong regional centre close to the coast. This Hotel is showing consistant growth and has the market share in the town. Located on a large corner block fronting the Main street intersection, this two storey building has undergone full restoration and is a prominent landmark.
It features open, multi-functional trading areas with 2 bars and smoking solutions * 10 Pokies / 3 outdoors SIA 20* Large new kitchen and indoor outdoor dining options * 12 letting rooms and 2 bedroom managers residence * Huge drive through liquor barn and ample carparking. Currently showing $60,000 + per week average T/O with a very strong mix of trade. Huge potential to increase revenue in all areas with some country mentality.
This Venue is a popular meeting place for young and old, and is ready for new operators to easily take it to the next level. Featuring a quality fitout throuought and low maintenance facilities this is one of the best around and brand new to the market.
Be quick to inspect this highly attractive 18.5 year leasehold, as the first to inspect and fund will occupy. Contact Dave Turner for all the details.
Property information
Real Estate: Lease Lease terms: 18.5 Years, Lease till 2027 Living accommodation: S/C 2 Bedroom Managers Quarters Location: Prominent Main Street Position
Other information
Reasons for selling: Relocating to new venture
(EMAIL FOR MORE INFORMATION)
ASKING: $1,000,000 + Stock
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