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Telegraph Hotel, Tenterfield (FREEHOLD or BONDED LEASE)

Sale Method: Open
Status: For Sale
Business: Freehold
Property: Hotel
Poker Machines: 7
Accommodation: 6

John Parsons Hotels
www.jphotels.com.au
12 William St, Orange NSW 2800
Phone: (02) 6362 3199

  • 7 GME’s with Updated Hardware
  • Single Bar Operation
  • Bistro
  • 5  Motel Rooms (Renovated) with U/C Parking
  • 10 Hotel Style Rooms Shared Facilities  
  • Bottleshop Drive Through
  • Renovated 2 Bedroom Managers Residence
  • Adjoining Residence on 600sqm included (unrenovated)
  • New Bore delivering freshwater (can be connected to the Hotel)
  • Profit $377k (9 months to December)
  • P.O.A

 

- Bonded Lease Available -

10 Years with Option Period Negotiable

$100k Bond

Turnover circa $425k per annum

Rent = Year 1 $4,100.00 per week

Rent = Year 2 Onwards $4,200.00 per week