Broken Hill Hotel Boulder (Lease or Freehold)

This outstanding completely refurbished property has been owned and operated by the same couple for over 10 years. Due to serious ill health necessitating long periods of hospitalisation they can no longer continue to run the business and so reluctantly they must now sell the business.

Features of the hotel include:

Two well appointed bars (public bar and lounge bar) each with their own separate toilet facilities
TAB with separate access from outside of hotel
Compact bistro / restaurant
Well appointed kitchen
Drive Thru bottle shop with large cool room and easy access/egress
Beer garden with separate toilet facilities and band stand area and separate bar
Accommodation including 6 ensuite rooms
1.6m x 3.2m double sided digital sign board to front of hotel
On site MuzzBuzz Express coffee store
Features of the business include:

substantial gross revenue circa $2.0m per annum
strong bar sales
above industry gross profit margins in bottle shop
attractive net returns to owner operators
strong TAB revenue


Lease Terms include:

Initial Term: 10years
Optional term: 1 x 5yrs
Commencing Rent: $75,000 per annum (+GST)
An excellent chance to take over this well presented highly successful business.

 

Lease $375,000 or Freehold available $1,195,000

Bars, Pubs and Clubs | Boulder | WA

$375,000 Leasehold Freehold

Ascend Corporate

Address:
Ground Floor Suite 4,1292 Hay Street,
WA, 6005

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Australian Enquiry?     Yes     No
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