- Advert ID: 578776
- (Seller ref: H718)
Hotel Lease For Sale
Price Reduced
- Location:
-
- Australia
- > New South Wales
- > Mid North Coast
- > Mid North Coast
- Category:
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Summary
- Asking price:
- $420,000
- Sales revenue:
- > $500k < $1.5m
- Net profit:
- < $500k
Business description
This Hotel has one of the best positions on the Mid North Coast of NSW. The only pub in town, it has direct river and Main highway frontage with all the right features to entertain. 8 year lease, more years available. This strong trader is Averaging $22,000 a week and improving. Single island bar operation* 8 Poker Machines * TAB lounge * Huge waterfront beergarden, stage, many undercover smoking and nonsmoking areas * Drive through Bottleshop * Commercial Kitchen and Dining Room * Fabulous Upstairs 5-6 Bedroom Private Residence * Great games room * Courtesy Bus + lots more. The hotel is in excellent condition with modern fitout. One of the best leaseholds on the market, it will not last. Your immediate inspection is invited.
Property information
- Real Estate:
- Lease
- Lease terms:
- 8 years,$420,000 + stock
10,12,15 or 20 available
- Living accommodation:
- Excellent on site accomodation for owner / operators
- Location:
- Prime Coastal position with river and Highway frontage
Other information
- Expansion potential:
- Plenty of upside
- Competition / Market:
- unoposed
Contact the seller
need to search again?
- Australia
- > New South Wales
- > Mid North Coast
- > Mid North Coast
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