HOTEL IN POPULAR SEASIDE REGIONAL CENTRE
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
PRICE REDUCED $385,000 plus stock
A well established business showing attractive returns with a long 15 lease and fair rent.
Centrally located in the seaside city of Albany Western Australia this hotel is a simple to run venue which is popular with CBD based clientele and also students and staff working out of the adjacent tertiary college .
It has been refurbished throughout the bars and bistro and presents extremely well .There are 4 motel rooms at the rear of the property which enjoy a high occupancy. The bedrooms in the main hotel building a basic but y lettable . The potential of these rooms is not fully explored because the current proprietors like to minimise access to the public in the living areas and so generally keep these rooms for staff only .
Consistent trader showing some growth trends but with obvious upside for a hands on motivated operator
Ideal purchase for Hotel, Tavern, Liquor related buyers
Further inquires call: Lance White 0413 734 177
-Seventeen old style bedrooms
-Four separate motel units
-Front & Saloon Bars,TAB
-Large lounge bar and adjacent beer garden
-Dining room & street front alfresco area
-Two bedroom managers suite
-Life Style :Country
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