Absolute bargain priced lease over 100% nett return

This country hotel motel occupies a prominent main street position in the centre of busy country town.

 Hotel and motel are solid single storey brick buildings in good condition throughout

comprising

main bar

Lounge

restaurant/ conference room

3 bedroom residence

covered beer garden

children's play area

12 self contained motel units. 

The hotel enjoys a very robust trade and has a turnover exceeding $600,000 (and has turned over $800,000 prior to drought)

with a nett profit of $100,000 after rent and operating expenses 

The Hotel has a sound trading history with  a 4 year average turnover from 2015 to 2018 of $800,000 per annum.

Lease Term: New 15 year lease

 This hotel motel lease will show a nett return on purchase price of 110%

 For further particulars and inspection of this property please phone Bill Lee 0418 777 727

 

State QLD
Price over 100% nett return $85,000
Property Type commercial
Property ID 323
Category Hotel/Leisure
Office Area 1m2

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Bill Lee

0418777727
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