Mid North Coast CBD Business Opportunity – New Lease With 35% Return! | Resort Brokers ID : LH005295
33 Victoria St,TareeNSW2430
Resort Brokers welcome to market a significant 28 room, 3.5 star bed and breakfast leasehold business with further value variables which are generally difficult to find in one place. Ideally located, this property offers a brand new 30-year lease and huge 35% ROI. There is a comfortable rent to net profit ratio and the upside of ownership operation. Consider the restaurant potential should you wish and the current owner’s motivation to move on to alternate businesses.
Business opportunity new 30 year lease with 35% ROI
Prime main street central location
Operated under management for past 3.5 years
Manageable with the majority ground floor rooms
Option to drive restaurant revenue (currently not operating by choice)
High repeat corporate guest rate
Current business owner is moving on and has priced accordingly
NB: Property inspections are by appointment only
No open times scheduled. Contact Agent to arrange a viewing.