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Port Germein Hotel Seaside Freehold Business Or Lease For Sale

Pt Germein, South Australia, Australia
Real Property Price:
$990,000 (AUD) Furniture / Fixtures included
Lease Price:
$250,000 (AUD) Furniture / Fixtures included
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

An opportunity to purchase the Business/Lease or the Freehold & Business of this attractive hotel in the popular seaside town of Port Germein.

The Port Germein Hotel is a well presented attractive stone fronted two storey hotel. It is the only hotel in Port Germein. Port Germein is located adjacent to National Highway 1, 26km north of Port Pirie and at the foothills of the Flinders Ranges. Port Germein has an excellent fishing jetty of 1532m and is a very popular holidaying and fishing seaside town with a permanent population of 249, other local businesses and a primary school.

The hotel has a good sized front bar, attractive dining room, bottleshop, pool table area, approval for 9 gaming machines (currently 2 entitlements), beer garden, private and public accommodation and is on a good sized landholding.

Currently run under management, the hotel would suit and Husband and Wife team.

Property Information

Real Estate:

Available as lease or with real property included

Location:

15-17 High St, Port Germein 5494

Other Information

Inventory / Stock value:
$25,000 (AUD)
Lease asking price:
$250,000 (AUD) - Furniture / Fixtures included