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21 Back River Road, NEW NORFOLK TAS, 7140

Sold
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Property Sold in 21 Back River Road, NEW NORFOLK TAS, 7140

Knight Frank Tasmania

5 Victoria Street, Hobart, TAS 7000

Listing ID:
11338292
Status:
Sold
Last Updated:
13/08/2019
Price:
$70,000 plus stock
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Property Type

Hotel/Leisure
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Land Area

N/A
Icon size

Floor Area

775 SQM
Icon parking

Parking

N/A

New Norfolk District Football Club

Knight Frank has been instructed by the Board of the New Norfolk District Football Club Inc. to offer for sale a leasehold interest in the their clubrooms by way of expressions of interest.
The clubrooms have operated under management for some time, and whilst successful, the time is now right for suitably qualified tenants to take the business to another level.
The clubrooms have all the facilities of a standard hotel such as:

- Public bar with Keno and Tote
- Large function room
- Mezzanine function room
- Beer garden
- Pizza outlet
- Commercial kitchen
- Office
- Store areas
- Plenty of parking for patrons

Over the years the maintenance has been kept up to date whereby no capital expenditure is needed by the purchaser. All of the equipment is in excellent working order.

There is plenty of parking around the premises and part of the building could easily be converted into a drive-in bottleshop which would be attached to one end of the bar so as to minimise staff costs.

There is plenty of upside with the business which owner-operators can take full advantage of, particularly to include food sales.

The football club are not after a large ingoing in return for a 15 year lease. The plant & equipment will be included as part of the purchaser's offer.

The main priority is to secure suitable qualified tenants that will take the business to another level.

For more details, please email agent

Knight Frank Tasmania

5 Victoria Street, Hobart, TAS 7000


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