EAST GREENMOUNT QLD 4359
$650,000 + SAV
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- Hotel / Leisure
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- 11 Oct 2016
Wheatsheaf Hotel - East Greenmount
An historic hotel established mid 1800's) on the New England Highway at East Greenmount about 15 minutes South of Toowoomba.
The hotel is set on 1.1* hectares of land with great exposure to the highway.
It is a two storey timber building and comprises on the ground level, a main bar, dining room, modern kitchen, office, store, ablutions, bottle shop and drive thru and a beer garden. Upstairs contains: 5 hotel bedrooms, Owners/Managers residence, ablutions, lounge/tea making room and front verandah.
The current owner has been operating the hotel for approximately 8 years and has genuine reasons for selling.
Accountants trading statements and comments are available for genuine enquirers. Turnover for 2012/2013 projected at mid $500,000.
The business and real estate are offered for sale at $695,000 + SAV.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information