Network Infinity Phone : (02) 81 **** John Ferraro
04085 ****

Tallangatta Hotel PRICE DROP - VIC

Listing Id : 242842

Location : Victoria

Category : Hospitality and Tourism

Asking Price : $100,000

Business description

Have you ever dreamed of owning your own country pub? This Iconic Hotel situated 349km NE from Melbourne CBD, 34km SE of Wodonga, 3.5 Hrs from Melbourne is now offered for sale. Tallangatta has a population of 1,**** **** , famous for the Town that moved, due to the expansion of Lake Hume, Beef & Dairy Farming being the dominant industry, with a small abattoir. Due to the lake and through travellers including many motorcyclists who love the twisty roads in the area, has created a small tourist industry, with a motel and caravan park. Turnover is $13,000 per week. Low rent of $1,122pw inc GST Good Profits Low Overheads. Premises are 2000 sq mt on two floors. Ground Floor comprises of a main bar, underground wine cellar, an unused bottle shop with a license ready to operate, function rooms, kitchen with 2 X Coolrooms, and a beer garden outside Upstairs there are 13 Hotel Rooms from $45 per night. Long Lease 12 years, 9.5 remaining 92 Seats Inside, 35 outside beer garden 2 X TAB machines Facebook & Website site in place. Operates 7 Days 11:30 am to 1: am Perfect for owner operator or family, or for the Investor. OWNER IS KEEN TO SELL, ALL OFFERS INVITED For more information, please contact John on **** ****

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