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Broken Hill Hotel Boulder Freehold Wiwo

Commercial Property for Sale
Boulder WA

or New Long Term Lease Available

Price $1,195,000 Freehold

Broken Hill Hotel Boulder Freehold WIWO

Stock Included: No
Stock Value:
Years Est:
Gross Revenue:
This outstanding completely refurbished property has been owned and operated by the same couple for over 10 years. Due to serious ill health necessitating long periods of hospitalisation they can no longer continue to run the business and so reluctantly they must now sell. They are prepared to sell the freehold and business assets on a walk-in walk-out basis or alternatively they are also prepared to sell a new long term lease of the business.

Features of the hotel include:

Freehold WIWO asking price ( Land , buildings, furniture ,plant ,equipment and goodwill): $1,195,000 plus stock at valuation
Two well appointed bars (public bar and lounge bar) each with their own separate toilet facilities
TAB with separate access from outside of hotel
Compact bistro / restaurant
Well appointed kitchen
Drive Thru bottle shop with large cool room and easy access/egress
Beer garden with separate toilet facilities and band stand area and separate bar
Accommodation including 6 ensuite rooms
1.6m x 3.2m double sided digital sign board to front of hotel
On site MuzzBuzz Express coffee store
Features of the business include:

substantial gross revenue circa $2.0m per annum
strong bar sales
above industry gross profit margins in bottle shop
attractive net returns to owner operators
strong TAB revenue
Proposed Lease Terms include:

Leasehold asking Price ( Furniture , plant , equipment and goodwill ) : $350,000 plus stock at valuation
Initial Term: 10years
Optional term: 1 x 5yrs
Commencing Rent: $75,000 per annum (+GST)
An excellent chance to take over this well presented highly successful business.

Contact Seller

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View Broker Profile

Contact: Lance White
Phone: 089 480 3200
Mobile: 0413 734 177
Bsale ID: 271910
Agent ID: LW 18121




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