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Hotel business for sale in Scottsdale

  • Hotel
  • 2 King St Scottsdale TAS 7260
  • Offers over $1.4M

Prime Passive Income Lords Hotel Scottsdale Tasmania at offers over $1.4M

Magnificent character turn of the century hotel on a prominent corner position, most recognisable landmark 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 dining 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 the 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@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: 368

Paul Scott
Tasmanian Business and Property Sales
Paul Scott
Tasmanian Business and Property Sales

Business Highlights

Business ID2016964976
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Last updated  27 Apr 2021
Map for 2 King St Scottsdale TAS 7260
Map for 2 King St Scottsdale TAS 72602 King St Scottsdale TAS 7260
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Paul Scott
Tasmanian Business and Property Sales
Paul Scott
Tasmanian Business and Property Sales

Business Highlights

Business ID2016964976
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  27 Apr 2021
Tasmanian Business and Property Sales
3006 Pipers River Road Pipers River TAS 7252
Paul Scott
Tasmanian Business and Property Sales
Paul Scott
Tasmanian Business and Property Sales

Ask Paul Scott about this business

Paul Scott

Paul Scott

Tasmanian Business and Property Sales

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