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Hotel business for sale in Scottsdale

  • Hotel
  • 2 King Street Scottsdale TAS 7260
  • Offers over $1.3m

Prime Passive Income Lords Hotel Scottsdale Tasmania at Offers over $1.3m

Magnificent character turn of the century hotel on a prominent corner position, most recognisable land mark building in the North East.

Excellent investment due to a well qualified tenant who has invested heavily in the business and pays all outgoings.

The substantial building comprises 16 accommodation rooms, very comfortable manager's quarters, public bar, spacious dinning room, gaming room, Stronach event room, commercial kitchen 4 x 4.5 star motel rooms, bike storage and plenty of on site parking. The whole property is in excellent condition.

The tenant derives income from accommodation, bar sales, food and gaming ( Keno, Tab and Pokies).

This great opportunity is available now, with Scottsdale and the whole North East enjoying an upsurge in economic growth and activity, in part due to the mountain bike tracks and buoyant rural sector.

This hotel will enjoy increased profits when the poker machine ownership changes occur.

With commercial big 4 bank funding available through this broker @ 2.49%, this is an investor's dream with commercial rates so low, lift your standard of living if you are a self funded retiree.

This is a freehold property sale only, contact Paul Scott at pauls@businessbrokersnetwork.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

Paul Scott
Business Brokers Network Australia
Paul Scott
Business Brokers Network Australia

Business Highlights

Business ID2016961867
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Category
Last updated  26 Apr 2021
Map for 2 King Street Scottsdale TAS 7260
Map for 2 King Street Scottsdale TAS 72602 King Street Scottsdale TAS 7260
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Paul Scott
Business Brokers Network Australia
Paul Scott
Business Brokers Network Australia

Business Highlights

Business ID2016961867
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  26 Apr 2021
Business Brokers Network Australia
Unit 8/747 Fairfield Rd Yeerongpilly QLD 4105
Paul Scott
Business Brokers Network Australia
Paul Scott
Business Brokers Network Australia

Ask Paul Scott about this business

Paul Scott

Paul Scott

Business Brokers Network Australia

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0477 771 098
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