OCEAN BEACH HOTEL - LEASEHOLD INTEREST FOR SALE - SAINT KILDA, DUNEDIN
134 Prince Albert Road
Asking price $375,000 Plus GST (if any)
About the business
“OCEAN BEACH HOTEL”
One of Dunedin’s favourite Pub’s
Multiple Income Streams
The Vendor and his Management team have got the Hotel geared up and operating well.
All the systems are in place and the business is trading well.
"Based on profit projections this price offers a return in excess of 35%"
Now the time is right and the Vendor is ready to sell the Leasehold Business Interest in the Hotel.
This is a fantastic opportunity that presents itself with multiple income streams through Food & Beverage Sales, Pokie Machine Site Rental and Accommodation Sales.
The property itself consists of Public Bar, Restaurant, Pokie Machine Room, 10 x Motel Units
The Owners accommodation consists of a three bedroom brick & roughcast house on site but just far enough away to afford some privacy.
Great Family opportunity with a Home & Business.
Great location on corner site of two major roads, just a short walk to St Kilda Beach and handy to some of Dunedin’s main Sports Facilities including the Indoor Ice Arena, Forbury Park Raceway, Chisholm Park Golf Club as well as the Dunedin and Pirates Rugby Clubs.
Opportunities such as this rarely present themselves particularly for businesses that are trading well and showing continued growth particularly in still tough economic times.
"Don’t Delay on this Great Opportunity”
Location
- Businesses for Sale
- 20 Car Spaces
- Hotels Motels Lodges B&B
Listing Number THL20-1149
Listed 16 Dec 2011 179 ViewsAgents Details
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