ALSO AVAILABLE WITH VACANT POSSESSION FOR AN OWNER OPERATOR
Located in the bustling Cessnock Shire, the Kearsley Hotel offers a futuristic opportunity for a solid investment or ideal for an owner operator to take on a business with upside. The area is in close proximity to the City of Newcastle (50km) approx. 150km to Sydney and the gateway to the high end Hunter Valley Wine Country.
Lease in place - Expires August 2021 - Rental Return $52,000 + GST PA with 3% Annual Increases with Tenant paying 100% of outgoings
The Hotel Features:
- Large 2,023 Sqm Site Area with main road exposure
- Modern Bar Fitout and good quality Inventory throughout
- Superb Atrium Style Covered Beer Garden
- Full Commercial Kitchen - Bistro
- Well appointed Dining Areas
- 14 Nicely Furnished Hotel Accommodation Rooms - Some onto Veranda
- Separate Barber Shop incorporated at rear with hand shake lease in place
This property lends itself to opportunities and will suit a forward thinking investor or its perfect for an astute operator to take it next level.
Genuine Motivated Vendor looking to negotiate with a Genuine Buyer