Major Retail Freehold - Deloraine First time offered for sale, the "Harris" building is at the centre of Deloraine's vibrant retail heart and represents a significant property holding with a dominant main street frontage of 20m* and a land area of 926m2*
• 458m2* of retail area • 390m2* storage under • Property offered "Vacant Possession" • Current rental income $30,000 • Current Tenant on monthly tenancy • Existing business available for sale (at cost of stock)
For sale is the going concern leasehold interest over a 24-room motel and a 50-seat restaurant on a 5989 square meter site that has mountain views. The business is currently owner-operated with assistance from a part-time manager. The lease is for 30 years in 5-year increments. The first 5-year portion started in October 2010, and the lease ends on October 2040. The sale is inclusive of the website, the business name and the motel inventory with some minor exceptions.
The motel offers affordable and comfortable accommodation. All the rooms have ensuite bathrooms and ...