FAR WEST NSW - B0801360

Far West Hotel
Asking Price $50,000 + SAV
Weekly Sales $15,000
Lease 3 or 5 year (option on Freehold)
No. Pokies 6
Letting Rooms 4 Motel rooms
No. Bars 1
Bistro Seats 20
ConstructionSingle Storey
Residence 2 Bedroom

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).

Listing Agent
ROB - 0431 691 055
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