Leisure/Entertainment for sale
CASTERTON LEASEHOLD "PRICED TO SELL"
Located in the main street of Casterton, perfectly positioned on the Glenelg River
The hotel possess some outstanding features, including 8 new re-furbished motel units, Bar & Bistro, W.I.B.S., & private function room
Casterton is situated in close proximity to Mt. Gambier, Hamilton and Portland to the south
All motel units are ground floor level with dedicated car parks.
There is also a licensees private residence upstairs with 5 bedrooms, lounge & bathroom, small kitchenette.
An excellent 17 year lease to run with rent @7.5% of turnover. Good margins being delivered from $13Kp/ w (excl gst)
This hotel offers a great place for family living or for someone looking for a lifestyle/environment with strong community links
Our asking price is $120,000.00 + SAV for this exciting hotel lease & business
******CONTACT CHRIS FOLEY FOR MORE DETAILS******
- Business Category: Leisure/Entertainment
- Business Sub Category: Hotel