2 King Street, SCOTTSDALE 7260
Freehold and business $1,400,000 plus stock
John Blacklow

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Knight Frank Tasmania
5 Victoria St,
Hobart, TAS 7000

2 King Street, SCOTTSDALE 7260

Accommodation/Tourism for sale

2 King Street, SCOTTSDALE TAS 7260

Freehold and business $1,400,000 plus stock

Business Details

Fantastic Country Hotel

Lords Hotel

This magnificent imposing country hotel is located in the town centre of Scottsdale, 63 kilometres north-east of Launceston.

Includes a public bar, dining room, gaming lounge with 10 machines, Keno, Tote, large function room, bottle shop, 16 rooms, 4 luxury units,managers flat, guest lounge, vacant building, laundry and car park all on 2,674sqm.

This fine heritage hotel with verandahs on two levels has been an admired landmark in Scottsdale for many years. The business enjoys an outstanding reputation for food and service.

All of the areas are spacious and the premises is in excellent condition throughout.

Annual revenue is around $1 million and the net profit for two owner-operators represents a high yield of 27.6%.

This is an exceptional country hotel which is in top class condition and is ideal for a live-in couple/family.

LONG LEASE ALSO AVAILABLE TO THE RIGHT OPERATOR

Summary »

  • Business Category: Accommodation/Tourism
  • Business Sub Category: Hotel

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Knight Frank Tasmania
5 Victoria St,
Hobart, TAS 7000

Phone: 03 6220 6999

John Blacklow
Phone: 03 6220 6999
Mobile: 0418 128 735

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