Totness Inn Hotel

148 Melrose Street, Mount Pleasant, South Australia

Freehold & Business OR Leasehold & Business

Freehold available for $950,000 plus stock OR Leasehold available for $135,000 plus stock and a 25 years lease term

Totness Inn Hotel Mount Pleasant

A rare opportunity to purchase a Freehold and Business Going Concern Hotel in the Adelaide Hills. Leasehold & Business also available.

Sale by Agent: John Langford | Langfords Hotel Brokers

 

For Sale - Freehold & Business OR Leasehold & Business

The Hotel comprises:

  • mid-size renovated Bar with pool table and seating
  • drive in Bottle Shop serviced from the bar
  • dining room with character and ambience
  • gaming room with 10 machines operating (adjacent the bar)
  • first floor private residence with 8 bedrooms, kitchenette, lounge & bathrooms
  • 2 customer carparks (next to the drive in and across the road)
  • private enclosed yard and storage

The picturesque town of Mount Pleasant is located in the Eastern Adelaide Hills approx 50 kilometres from the GPO via Birdwood (43 Kms from the GPO).

The Totness Inn Hotel is visually attractive in all respects and is labour efficient in design with a minimum number of staff required to operate the business (including the owners).

We consider this purchase opportunity perfectly suited to a sole trader, couple or family with up to 6 children (relative to the 8 bedrooms etc private residence) seeking a sound business and relaxed country lifestyle.

It is rare indeed to find a Freehold & Business Hotel available for purchase in the Adelaide Hills as they are tightly held, however our Vendor will consider selling the Leasehold & Business with an asking price of only $135,000 and a 25 Years lease term.

Our Vendor is retiring after owning the subject hotel for some 13 years.

All realistic offers will be considered.

 

pdf View the Floor Plan

 

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