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Huntington Tavern, 30 Year Lease Offers Over$99,500+sav For Sale

Kempton, Tasmania, Australia
Asking Price:
Offers Over $99,500 +sav
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

- Price: Offers Over $99,500 +sav
- Categories: Accommodation/Tourism, Food/Hospitality
Modern well maintained, easily managed tavern, in excellent condition, in growth area. Attractive design with recycled brick cladding, colonial pane windows, veranda on two sides, complimented by a large carpark.

Sale includes all plant and equipment, An established business which has been operating under management.

The tavern features a public bar, dinning room, spacious function room, commercial kitchen, large entertainment courtyard, office, upstairs yet to be finished managers quarters, two walk in cool rooms and freezer. the building size is approximately 650 m2, the entertainment courtyard measures approximately 420m2 and can accommodate 400 patrons.

There was a hotel on this 2560m2 site back in 1862, current hotel was built in 1988.

This represents a low ingoing opportunity for an experienced operator or a novice to cut their teeth on, very reasonable rent and with upside to rejuvenate the trade and enjoy a healthy net profit.

Includes three wood heaters, Keno and UBET, POS system, surveillance system.

Freehold going concern or investment sale considered.

Priced to sell, with favourable lease terms and rent.