The Hotel is a
single storey building located in a small town close to the Queensland border
and Lightening Ridge. Because of the visitors to the region which is said to be
over 80,000 who arrive every year to either try their luck at fossicking or to
see what an outback mining town is really like, it is not surprising to see this
hotel with a steady income stream. The hotel is currently run under management
and with hands on owner operators, business and profitability should increase.
Contact Gilchrist Business Brokers to arrange an inspection! Bonded
Lease - Refundable Bonded Lease enables you to get your capital back at the
end of the lease term (conditions apply). The difference between traditional Leasehold
Hotel (i.e. buying a term lease) and Refundable Bonded Lease is that when you
purchase a Leasehold you forfeit the purchase price, however, with a Refundable
Bonded Lease the bulk of the bond is refundable at the end of the lease (conditions
apply). |