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Warooka Hotel Motel - Lease For Sale

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

The very popular Warooka Hotel is an excellent business in all respects and worth your serious consideration. Hotels of this calibre rarely come onto the market. This is an opportunity to purchase the lease of one of the most favourite Yorke Peninsula hotels.

The hotel is the only hotel in Warooka. The hotel is a favourite with all the surrounding farmers, tourists, shack owners, fishermen and inhabitants of Warooka and surrounding towns. The hotel is a great gathering spot. The hotel presents well with a large front bar complete with TAB Agency and PubKeno, a walk-in bottle shop, lounge bar with open fire, dining rooms, beer garden with BBQ and pizza oven, 7 motel rooms, 15 good quality gaming machines and CRT Machine plus a good sized manager's accommodation. The hotel has a typical hotel lease at a fair market rent, good figures and very good profitability. This hotel is a great sound business.

Warooka is a substantial Yorke Peninsula town located towards the bottom of Yorke Peninsula on the way to the national park and great fishing spots. Warooka is known as the “gateway to the bottom end” of Yorke Peninsula. Warooka has many small businesses and services including a school, shopping, post office, museum and sporting facilities. The town is surrounded by fertile farming country. The area attracts many tourists. The nearby coastal areas are very popular for tourists, holidaymakers and fishing. This is a great lifestyle area.

Property Information

Real Estate:

Lease

Location:

33 Main Street, Warooka, SA, 5577

Other Information

Inventory / Stock value:
$85,000 (AUD)