Business Sold Warrnambool, Victoria 3280
Business Category Hotel
SOLD
Description
Sold - Flying Horse Bar And Brewery - 1p4984h
CRE Brokers are proud to offer for sale the Passive Freehold Investment of the Flying Horse Bar & Brewery Hotel in Warrnambool.
Constructed in 2008 this eye catching designed hotel is built on a 5115m2 Mixed Use Zone corner site. Located on Princes Highway next to McDonalds and a BP service station it does not get better than this.
Secured by a 15 year lease with 3 x 5 year further terms and annual 2.5% rent increases makes it ideal for you Superannuation. The current rent is $350,000 pa + GST and OG's. Substantial Tax Depreciation Allowances available.
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This business is somewhat unique and has no similar competition in this region, category or price bracket.