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Snowtown Hotel Profitable Country Lease (Freehold Available) For Sale

Snowtown, South Australia, Australia
Freehold Price:
$1,250,000 (AUD) Furniture / Fixtures included
Leasehold Price:
$125,000 (AUD) Furniture / Fixtures included
Turnover:
Undisclosed
Net Profit:
Undisclosed

The Snowtown Hotel is a good, profitable, well presented two storey hotel situated in the main street of Snowtown, SA.

Snowtown is a well established mid north town situated 146km north of Adelaide on National Highway 1. The town is surrounded by an excellent farming country and is a service township to the surrounding areas and smaller townships. The town offers a primary school, kindergarten, supermarket, doctor, hospital with emergency department, police, shops, roadhouse, local industry and sporting clubs.

The Snowtown Hotel is a substantial property with 11 well presented profitable public accommodation rooms some with ensuite, manager's flat, dining, main bar and lounge bar, commercial kitchen, 8 gaming machines and a beer garden.

The hotel is currently shut due to ill health in the family.

This is an excellent opportunity to purchase a cheap lease of a very profitable hotel.

Property Information

Real Estate:

Available as lease or with real property included

Location:

Snowtown

Other Information

Lease asking price:
$125,000 (AUD) - Furniture / Fixtures included