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Hotels For Sale 1 |
Exclusive Agent |
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REGIONAL HOTEL LEASE |  | The Hotel is situated in the main street of a coastal regional centre
and has a very popular restaurant and bar trade with locals and
tourists alike. The hotel is located directly across the road from
the Shire Hall and is in the centre of the business hub of town and
all town amenities.
The hotel comprises a large public bar, wine & cocktail bar, large
restaurant, licensed smoking areas, beer garden and bbq area and 22
motel rooms.
The hotel is a solid brick and concrete building with iron roof.
20 of the motel rooms have ensuites, with 2 shared bathroom
facilities, all rooms have air conditioning, refrigerators, tea and
coffee making facilities. Most rooms have direct access to outdoor
smoking areas.
The comfortable 2 bedroom residence has lounge, bathroom, separate
toilet, laundry/kitchenette, sunroom and outdoor shaded balcony.
The Public Bar is spacious and well laid and can cater for large
crowds. There are two owned pool tables.
There are 3 walk in cool rooms and various refrigeration equipment in
the restaurant, kitchen, wine & cocktail bar and public bar.
The wine & cocktail bar is a very recent refurbishment. Tastefully
decorated in a modern theme with direct access to a licensed outdoor
smoking area.
The Gaming room is located directly off the main entrance of the hotel
and contains 10 modern gaming machines.
The restaurant seats 120 and is in original Art Deco with separate
restaurant bar. The restaurant has entries both from the main foyer
and the beer garden. The restaurant is perfectly set out for both a
la carte dining and functions. The restaurant currently trades for
lunch and dinner 6 days a week with a Friday night carvery buffet.
The beer garden is set up for dining and also has separate outdoor
smoking area.
Current level of stock is approximately $35,000.
There is 17.5 years remaining on the lease. Current rent is $2,842.80
per week ex GST. Rent is subject to annual CPI increases. The Lessee
pays all outgoings.
All equipment and Chattels are owned by the Lessee
Contact Exclusive Agent Bryan Sheedy 07 4953 1611 or 0417 788 781. | | $700,000 + S.A.V.
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