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Hotel - Leasehold - Restaurant - Great Tourist Location For Sale

Katoomba, New South Wales
Asking Price:
$140,000 (AUD)
Sales Revenue:
$676,000 (AUD)
Cash Flow:
$246,480 (AUD)

Hotel leasehold with a bar equipped with glycol system supplying 6 taps - Hotel features open wood fires in lounge and dining room - Commercial kitchen fully equipped with electric appliances supplies meals to dining room with 12 seats inside and 70 seats outside - Upstairs and ground floor guest accommodation consists of 12 rooms. - Each room includes a private en suite bathroom with free wifi, central heating and 34 inch flat screen TV - Free onsite parking is included with all rooms - Owner accommodation includes bedrooms, bathroom, kitchen, terrace.

Potential
Nearby Echo Point is getting more and more popular for tourists. - Breakfast and fine dining is available.- Further develop dining side of business.

Features
Long established - Excellent council support - Great location - Regular lunch customers.

Premises
Attractive 2 storey double brick premises with well maintained terrace and granny flat 64 sq.mts. and a total area of 2300 sq.mts

Location
Prominent position in centre of the Blue Mountains 3 km. from the main town and close to Echo Point and Scenic World.

Trading Hours
7 days - Mon. - Sun. - 9 a.m.- 6 p.m.

Lease
5 + 5 year lease commenced Oct, 2018 - 4 months bond - 3.5% increases p.a

Employees
1 owners + 2 casuals

Comments

Property Information

Location:

Prominent position in centre of the Blue Mountains 3 km. from the main town and close to Echo Point and Scenic World.

Business Operation

Expansion Potential:

Nearby Echo Point is getting more and more popular for tourists. - Breakfast and fine dining is available.- Further develop dining side of business.

Trading hours:

7 days - Mon. - Sun. - 9 a.m.- 6 p.m.

Employees:
1 owners + 2 casuals

Contact Information

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