2 King Street, SCOTTSDALE TAS 7260
Freehold and business $1,400,000 plus stock
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- 18 Nov 2016
Fantastic Country Hotel
This magnificent imposing country hotel is located in the town centre of Scottsdale, 63 kilometres north-east of Launceston.
Includes a public bar, dining room, gaming lounge with 10 machines, Keno, Tote, large function room, bottle shop, 16 rooms, 4 luxury units,managers flat, guest lounge, vacant building, laundry and car park all on 2,674sqm (approx).
This fine heritage hotel with verandahs on two levels has been an admired landmark in Scottsdale for many years. The business enjoys an outstanding reputation for food and service.
All of the areas are spacious and the premises is in excellent condition throughout.
Annual revenue is around $1.2 million and the net profit for two owner-operators represents a high yield of 21.7%.
This is an exceptional country hotel which is in top class condition and is ideal for a live-in couple/family.
LONG LEASE ALSO AVAILABLE TO THE RIGHT OPERATOR
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
2 King Street SCOTTSDALE