Country Hotel Motel Lifestyle business lease located 2 hours north west of Adelaide, in the mid north of South Australia.
Established since 1863 and current owner since 2009. Good repeat clientel, easy business to operate, perfect for a couple or family. Figures improving year over year. Meals leading to increase in business
good prospects for future growth. Single story hotel with 3 motel units and approval for 5 more units.
Lease terms 5 year option. Rent approx $3,100 per month.
Turnover approx $380,000 + PA.
Owner is moving on for health reasons and will consider offers for the lease around $175,000 + SAV ($15,000)
Freehold also available @ $585,000.
Lochiel, Mid north South Australia