The property is for sale by John Blacklow of Knight Frank located 63km North-East of Launceston.
This magnificent imposing country hotel is located in the town centre of Scottsdale, 63 kilometres north-east of Launceston.
The hotel includes a public bar, dining room, gaming lounge with 10 machines, Keno, Tote, large function room, bottle shop, 16 rooms, 4 luxury units,managers flat, guest lounge, vacant building, laundry and car park all on 2,674sqm.
This fine heritage hotel with verandahs on two levels has been an admired landmark in Scottsdale for many years.
The business enjoys an outstanding reputation for food and service. All of the areas are spacious and the premises is in excellent condition throughout. Annual revenue is approximately $1.2 million per annum and the net profit for two owner-operators represents a high yield of 23.5%.
This is an exceptional country hotel which is in top class condition and is ideal for a live-in couple/family.
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