72hi - Leased Premises - Solid Investment In Growth Area

Business Sold Bluff, Queensland 4702

Business Category Hotel

SOLD

Description

72hi - Leased Premises - Solid Investment In Growth Area

Leased investment on the Capricorn Highway Queensland. This is a good long term strategic holding that is very profitable for the landlord and the tenant.

Approximately 1,000 people living and working in the area with three operational mines nearby and the coal train change-over depot just across the road. The business is very, very strong.

The long-term owner is retiring and has leased the business to a solid professional tenant. A strong tenant making solid returns.

Featuring a corner block with 15+ caravan sites (12 powered) at the rear of the hotel used for caravans and overflow accommodation in addition to vehicle parking.

There are two connecting bars servicing the pub and the manager's accommodation has three+ bedrooms.

The hotel offers:

- 7 spacious accommodation rooms.

- Well regarded Restaurant onsite.

- Main bar with lounge and dining area.

- Excellent function room.

- Commercial kitchen.

- 5 Poker machines, pool table and juke box.

- Covered beer garden.

- Solar Power saving the tenant and business more money and strengthening the operation.

- Only Hotel in town

- Approximately 4,057 m2

Annual Rent: $80,600 plus GST per annum

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 72HI (quote when enquiring)

Property Code: 3724
Contact Seller
Michael Philpott

Bsale ID: 583078
Broker REF: tourismbrokers_50_29

Tourism Brokers