Hotel Lease, Tumbarumba SE NSW. Ref. A. 159

New

Tumbarumba is located on the western edge of the Snowy Mountains approx. 440kms from Sydney, and 100 kms from Wagga and Albury Wodonga with a population of nearly 2000 residents.

Spectacular countryside supports berry farms, softwood plantations, wineries and beef cattle. Both primary & secondary schools are available.

Established 1860 & rebuilt again in 1914 this 2 storey brick hotel has been largely renovated to a very high standard with no expense spared

A new licensee is now able to capitalise on the work being done and turn the hotel into a very profitable enterprise. Boasting a renovated bar, dining room, games room, large modern kitchen, beer garden & upstairs accommodation & balcony – all are popular with locals & tourists alike. Accommodation includes 2 residences with a total of 6 bedrooms plus a further 12 rooms consisting of single, double & bunk beds

A well patronised overnight stay for motorbike riders and the accommodation is booked solid during the harvesting season for apples, berries & the like

Heating & cooling are by a combination of reverse cycle & gas heaters

A 20 year lease is offered with the potential for purchasing the freehold

Asking: $95,000 + stock

 Rental: $39,000 p.a. + GST + outgoings.

New 20 years lease term.

Enquiries Neville Harvey 0408694132, Peter Campbell 0412 694069, or 1300 367289

 

All information contained in this website has been supplied to us by the vendors for the use of intending purchasers, and has not been verified by this office. Potential purchasers should therefore make their own enquiries, and seek professional advice. Since prices for businesses can vary, the latest information should always be sought.All inspections must be arranged via our office.

Price:$$95,000 + stock
Address:The Parade
City:Tumbarumba
State:NSW
Zip Code:2653

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