Hotel business for sale in Pinjarra
- Pinjarra WA 6208
- $890,000 + SAV
Profitable Leasehold Hotel & Bottleshop With 22 Years Lease And 45% Roi
With origins dating back to 1894 the Premier Hotel Pinjarra has established itself as one of the areas most identifiable landmarks, just over an hours drive from the CBD.
The Premier Hotel comprises a typical older style, two level hotel and drive through bottleshop. The ground floor provides Public Bar with male and female toilet facilities, Saloon and Lounge bar with male and female toilet facilities, dining room, kitchen, cool room, plant, office and store room, central L-shape bar, bottleshop and 2 lane covered drive thru. Externally there are verandah areas and Al fresco courtyard as well as a rear outdoor beer garden addressing the River and South Western Highway.
The upper level comprises typical hotel accommodation including managers quarters comprising three bedrooms, one bathroom, kitchen and living room, guest lounge room and guest bathroom and 8 bedrooms.
Currently the business is operated under management and showing strong profits, and as such would suite either an owner operator or astute investor wanting to operate under management. The Long lease til 2041 provides ample security for the accountant or bank, not to mention the 45% ROI.
Priced at $890,000 plus stock at value this is not to be missed.
For more information please contact Reece O'Sullivan at WA Business Sales & Valuations.
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|Last updated||20 Sep 2019|