Centrally located pub lease available in one of only five hotels in this growing Northern town. The figures show an average of 25%+ net yield on the asking price over the last 3 years and in excess of 30% for 2006-2007. Lease expires on 1st October 2012 and has an option for extension of 10 years. Included equipment list, financials and lease agreement will be available upon request.

Location: Well located at 48 50 Queen Street, close to the CBD and the only one on the Eastern side of Ayr. Ayr is 85km South of Townsville.

Area: Land area is 2024 m2

Services: Ayr is experiencing strong growth and is being reflected in the performance of local businesses. The town of Ayr has a population of over 9,000 people and 20,000 in the small Shire and has many facilities in the form of schools both primary and secondary as well as a TAFE in Home Hill, medical centers, a new hospital, hotels, clubs, restaurants, and an extensive shopping centre including two major supermarkets. Townsville is just 50 minutes North and is a major city with all the facilities, a port and an International Airport as well as being the gateway to Magnetic Island. Situated just two hours to the South is the Whitsunday Group of islands including Airlie Beach and Shute Harbor, and some of the worlds best Island Resorts such as Hamilton Island, Long Island, Hayman Island, and Lindeman Island just to mention a few.

Improvements: Drive through bottle shop, Separate Gaming Room with 18 Poker Machines, 80 seat bistro, large front bar, large function room, large tropical beer garden, 10 room accommodation upstairs plus 3 bedroom managers accommodation, upstairs accommodation has fire approval to accommodate up to 43 backpackers. The hotel has a large off street parking area and storage shed at the rear and to one side.

Price: UNDER CONTRACT

Agent: Greg Brazel.
Mobile: 0428 650 348
Office: 07 4783 7522
Email: gbrazel.ayr@rhq.com.au