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Jamestown Hotel Freehold Business Or Cheap Lease For Sale

Jamestown, South Australia, Australia
Freehold Price:
$750,000 (AUD) Furniture / Fixtures included
Lease Asking Price:
$98,000 (AUD) Furniture / Fixtures included
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

The Jamestown Hotel is a newly renovated trendy impressive 2 story building well located in the main street and commercial centre of Jamestown, and overlooking the park.

This is a well located and presented hotel with excellent room for growth. Currently run under management it is thought that a  hands on operator could increase this business substantially.

The hotel is a well balanced business offering 9 gaming machines, beautiful dining room, commercial kitchen, trendy bar and public accommodation all located in the main street of Jamestown on a large area of land.

Jamestown is a popular  thriving town 207km north of Adelaide in fertile farming country. Jamestown is a prosperous growing centre with a population in excess of 1,400 people. The town is a service centre for the surrounding area attracting people from surrounding towns as far as Peterborough and beyond. The town has a hospital, schooling, shopping, banking, racetrack, sporting clubs and light industry.

This is a great opportunity for an owner operator to take advantage of a renovated hotel that is performing well below expectations.

The hotel would suite a Husband and Wife team or those looking for a start in the hospitality industry.

Property Information

Real Estate:

Available as lease or with real property included

Location:

Jamestown, SA, 5491

Other Information

Inventory / Stock value:
$20,000 (AUD)
Lease asking price:
$98,000 (AUD) - Furniture / Fixtures included