Hotel Motel leasehold situated in one of the most beautiful locations.

Today, 1:56pm

Location:
Erica 3825 > Regional Victoria > Victoria

Investment level:
$295,000 (Negotiable) + SAV

Type:
Business

Industry:
Food & Drink > Pubs, Bars & Clubs

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Internal Ref: BSV 0838

Summary

The motel has 7 units offering bed and breakfast plus top hotel meals with 80 seat restaurant and seating for 40 guests outside.

Location Details

This region is like an island in the sky and sets itself apart from other parts of Gippsland by providing year-round activities that suit all tastes and budgets.

About the Business

Erica also draws a lot of tourists due to the winter snow season and of course, in summer with people coming to see historic Walhalla, the old mining town and other scenic attractions such as Mt. Baw Baw.
The motel has 7 units offering bed and breakfast plus top hotel meals with 80 seat restaurant and seating outside for approx - 40 guests.
This hotel has excellent bookings from locals and tourists all year round.
There is no opposition it is the only venue in the town of Erica. There are daily buses for school children, and only 30 km to Moe.
This business is ideal for a partnership, or a husband and wife team.
Takings are $750,000 per annum
PRICE $295,000 plus a long lease Bank finance available to approved purchaser
For further details quote BSV 0838 and contact Michael NOW, or submit an enquiry.

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