Roundhouse Motel, Peterborough
Sold
Business Description
- Situated 253 kilometres north of Adelaide
- 27 recently refurbished, well appointed rooms
- Swimming pool
- Restaurant
- 2 bedroom manager's residence
- Easy to run and set up to go - all the work has been done
- Freehold & business or business only
David Hutchinson 0414 440 953
Extended Price Information
| Goodwill including Plant & Equipment | $275,000 |
|---|---|
| Stock at valuation (approx) | $5,000 |
| Freehold (optional) | $895,000 |
| Total Price | Business Only $280,000 |
| $1,175,000 |
Staff Summary
The business employs one casual cook, one casual waitress and four casual cleaning staff.Lease Summary
| New Rent | (anticipated) 75,000 + GST per annum |
|---|---|
| Lease Term | 5 years |
| Right of Renewal | 4 x 5 years |
| Outgoings | Paid by tenant |
If the Purchaser buys the leasehold business only it is anticipated a new lease will be provided on terms as above.
Freehold Summary
| Asking Price | $895,000 |
|---|---|
| Total Land Area | 4,979 sqm approx. |
| Capital Value | $900,000 |
| Zoning | Commercial - Other |