Coastview Motor Inn
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Business Description
- Situated at Port Noarlunga
- 40 minutes from the city
- 15 apartments over 2 storeys with spectacular ocean views
- Luxurious 4 bedroom residence
- Café / restaurant opens 4½ days
- Great profits steadily growing with repeat business
- Good lease & nothing to spend.
David Hutchinson 0414 440 953
Extended Price Information
| Goodwill including Plant & Equipment | $400,000 |
| Stock at valuation (approx) | $10,000 |
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$410,000 |
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Staff Summary
Seven casual staff and two vendors.
Lease Summary
| Current Rent | $8,714.08 per month (GST incl.) |
| Lease Term | 5 years |
| Lease Commencement | 7th May 2013 |
| Right of Renewal | 3 x 5 years |
| Outgoings | Paid by tenant |
| Adjustments | CPI annually & to market at end of term |
| Bank Guarantee | 1 month's rent + GST |
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