Exeter Hotel

SOLD

Exeter TAS 7275

Leisure

FOR SALE

This exceptional hotel is located on the West Tamar Highway in the strong rural township of Exeter, 24 kilometres north of Launceston.

It is central to the Tamar Valley Touring Route which takes in vineyards, wineries and major tourist attractions.

In July 2000 the Hotel was substantially renovated and refurbished to an excellent standard.

The hotel includes a public bar, dining room (informally leased), rear timber deck, drive-in bottleshop, gaming lounge with 15 machines, Tote and keno facilities, managers residence, 2 accommodation rooms and plenty of sealed parking.

The hotel is easy to operate and there is no competition in the township.

New developments in the area will ensure the long term future.

There are nearly 11 years left on the existing lease and current turnover is $1,625,716 per annum. Accounting figures show an above average return for working proprietors.

Available for $335,000 plus stock.