Waggon and Horses Hotel - Iconic North Hobart Institution

- Leasehold Business $250,000 + SAV

327 Argyle Street

North Hobart TAS 7000

Retail

FOR SALE

980m2

The Waggon and Horses Hotel occupies a prime location on the corner of Argyle and George Streets and has been a North Hobart institution for many decades. The Hotel has an established loyal clientele and has shown strong, consistent profitability over many years.

The lower level comprises a large public bar with an adjacent small lounge area plus a separate dining room with its own bar facilities. There is a full commercial kitchen, large cool store, male and female toilets and a number of storage rooms. The upper floor consists of a number of rooms which are leased out as medium to short term accommodation with shared bathroom facilities.

The hotel is open seven days a week and offers traditional bar services along with quality meals at lunch and dinner plus bar snacks. Entertainment is provided through offering extensive sports coverage via Austar along with gambling services through the TOTE.

The sale of the Waggon and Horses Hotel represents a great opportunity to acquire a traditional 'Pub' in the heart of North Hobart with a long lease in place (seven years) and a realistic price.