Freehold Country Hotel Land Building & Plant
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About this business for saleFreehold Country Hotel Land Building & Plant
The Pongaroa Hotel Bar & Café is at the heart of it's rural community and is located mid-way on the Route 52 tourist trail (North Wairarapa).
With all of the charm you would expect plus a large new outdoor decking and lawn area, seven pokies and a café.
Returns a healthy 9% at present.
Tenant in place until Sept 2018. Option for new owner to operate at end of the lease or establish new lease or put manager in place.
*Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.