SUMMARY
Leasehold Ross Hotel, Tasmania, New lease $195,000 +sav, t/o approx 900k
DESCRIPTION
Fine example of a convict 2 story sandstone hotel, a National Trust property, of significant historical value.
Located on the most prominent corner in Ross. Ross enjoys the honour of being the most photographed Tasmanian town. The central location of Ross for persons from all over Tasmania means the Ross Hotel is the logical point for meetings, seminars and training events.
Enjoying patronage from groups and organisation, who take advantage of the central position, meeting and function rooms.
Steeped in history, with many original features, decorated in keeping with its era.
The hotel comprises a public bar with a bottle shop and sports room off, the elegant dinning room can cater for 50 or more guests with views out to the beer garden.The ground floor accommodates the commercial well equipped kitchen, 2 meeting rooms and the function room known as the Antler room.Eight guest bedrooms with varying bed configurations and a guest lounge, the managers occupy three rooms, all are located upstairs.
Under the existing professional management, an emphasis has been placed on providing quality meals and superior service, this has resulted in 4 out of 5 stars on Trip Advisor.The hotel has an excellent web site, with on line accommodation booking facility.
With the Tasmanian economy booming, tourism numbers are on the increase and Ross receives more than its share of tourists, the Midlands Highway upgrade has resulted in and will continue to see increasing vehicle numbers.The rural economy is buoyant, with irrigation widespread, new crops such as cherries and wool prices the best in 50 years, the success of the Ross hotel is assured.
There was an approval for a large function room of 220 m2 and a number of motel rooms, which lapsed some years ago, (stca) could be revived.
The magnificent sandstone building sits on a 3232 m2 block with landscaped gardens, raised timber decks, rose gardens, hedges and ornamental trees, with a soon to be developed council park on the northern boundary.The beer garden is serviced by two modern toilets.
The hotel has been trading very well, the 2018 financial year turnover was $890,000 projected 2019 financial year turnover will be inexcess of $900,000, showing a profit in 2018 financial year well in excess of year of $145,000, as a leasehold business.
This is a hotel that any prospective purchaser should feel proud to lay claim to being the licensee,and the owner of one of the oldest hotels in Australia.
Offering a 4 x 5 year lease and comes with all plant & equipment.
If you have been contemplating entering the business world and making the move to Tasmania, this business opportunity offers a secure lease, a profitable business and most living expenses covered by the business. Vendor may consider granting an option to purchase the freehold property.
Contact Paul Scott the Business Broker specialising in hotel and motel sales.
INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND inquiries IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF; Please Note: All figures quoted are approximate
Property Code: 130Australia,
35 Church St,
Ross,
TAS,
7209
35 Church St Ross TAS 7209Fine example of a convict 2 story sandstone hotel, a National Trust property, of significant historical value.
Located on the most prominent corner in Ross. Ross enjoys the honour of being the most photographed Tasmanian town. The central location of Ross for persons from all over Tasmania means the Ross Hotel is the logical point for meetings, seminars and training events.
Enjoying patronage from groups and organisation, who take advantage of the central position, meeting and function rooms.
Steeped in history, with many original features, decorated in keeping with its era.
The hotel comprises a public bar with a bottle shop and sports room off, the elegant dinning room can cater for 50 or more guests with views out to the beer garden.The ground floor accommodates the commercial well equipped kitchen, 2 meeting rooms and the function room known as the Antler room.Eight guest bedrooms with varying bed configurations and a guest lounge, the managers occupy three rooms, all are located upstairs.
Under the existing professional management, an emphasis has been placed on providing quality meals and superior service, this has resulted in 4 out of 5 stars on Trip Advisor.The hotel has an excellent web site, with on line accommodation booking facility.
With the Tasmanian economy booming, tourism numbers are on the increase and Ross receives more than its share of tourists, the Midlands Highway upgrade has resulted in and will continue to see increasing vehicle numbers.The rural economy is buoyant, with irrigation widespread, new crops such as cherries and wool prices the best in 50 years, the success of the Ross hotel is assured.
There was an approval for a large function room of 220 m2 and a number of motel rooms, which lapsed some years ago, (stca) could be revived.
The magnificent sandstone building sits on a 3232 m2 block with landscaped gardens, raised timber decks, rose gardens, hedges and ornamental trees, with a soon to be developed council park on the northern boundary.The beer garden is serviced by two modern toilets.
The hotel has been trading very well, the 2018 financial year turnover was $890,000 projected 2019 financial year turnover will be inexcess of $900,000, showing a profit in 2018 financial year well in excess of year of $145,000, as a leasehold business.
This is a hotel that any prospective purchaser should feel proud to lay claim to being the licensee,and the owner of one of the oldest hotels in Australia.
Offering a 4 x 5 year lease and comes with all plant & equipment.
If you have been contemplating entering the business world and making the move to Tasmania, this business opportunity offers a secure lease, a profitable business and most living expenses covered by the business. Vendor may consider granting an option to purchase the freehold property.
Contact Paul Scott the Business Broker specialising in hotel and motel sales.
INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND inquiries IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF; Please Note: All figures quoted are approximate
Property Code: 130Commerial For SaleHotel/leisure 15 29 Salamanca Place Battery Point TAS 7004
La Cocina Cafe & Tapas Bar Salamanca Pl Excellent Presentation & LocationBy EOI
More than 1 month ago
Battery Point
,
TAS
New
16 54-58 Orr Street Queenstown TAS 7467
24 Room FHGC Tasmanian Motel O/O $1,395,000 WiwoO/O $1,395,000
More than 1 month ago
Queenstown
,
TAS
New
11 111 Brisbane St Launceston TAS 7250
Prime Location Netting >$100k Est 30+Years 1 Working Owner Highly Sought After What's New LauncestonOFFERS OVER $120,000+SAV
More than 1 month ago
Launceston
,
TAS
New
YOU MAY ALSO LIKE
20 102 Elphinstone Street Berserker QLD 4701
$1.4 million
Investment Property on Elphinstone StreetContact Agent
Yesterday
Berserker
,
QLD
15 2/398 South Street O'CONNOR WA 6163
Expressions Of Interest
EXCEPTIONAL INVESTMENT OPPORTUNITYFor Sale
Yesterday
O'CONNOR
,
WA
5 44 Williams Street BOWEN QLD 4805
$695,000
Commercial Offices / Shops in CBDFor Sale
Yesterday
BOWEN
,
QLD
14 23-29 Tozer Street Gympie QLD 4570
$1,600,000
EXCITING COMMERCIAL OPPORTUNITY ON TOZER STREETFor Sale
2 days ago
Gympie
,
QLD
5 61 Cypress St Launceston TAS 7250
O/O $89,000+SAV NEGOTIABLE
Established Charcoal Wholesale & Distribution Business with Low Overheads Weekly Sales Approx $8KContact Agent
2 days ago
Launceston
,
TAS
4 9 Longworth Close SINGLETON NSW 2330
$1,067,000
Ready To Build OnFor Sale
2 days ago
SINGLETON
,
NSW
5 205 Carp Street BEGA NSW 2550
$4,000 per month + outgoings
CENTRAL LOCATIONFor Sale
3 days ago
BEGA
,
NSW
8 7/7 Hennessey Road SOUTH BUNBURY WA 6230
Offers Over $70,000
Southwest Costume HireFor Sale
3 days ago
SOUTH BUNBURY
,
WA