The seller requires urgent sale of this classic aussie pub. First licensed in 1865 and originally called the "Ariadne". The Lamington is a key part of the community, it is a hub of social networking for the city. It is a very active entertainment venue, with a wide range of activities daily for both members and patrons passing through.
Located on the Fraser Coast in the city of Maryborough. The pub is located on the main street just off the Bruce Highway. Maryborough is located 20 min South of Hervey Bay. The city is a must see for Australian history buffs. The city was the largest port in Queensland during the 1800s and was where a large number of overseas migration occurred. The museums and old buildings are a wealth of history providing a snapshot of early settlement.
The restaurant bistro ‘Cocky’s Grill’ home to an award winning chef. The bistro specialises in fresh local seafood and steaks. Mud Crabs, Coral trout, Red Emperor, King Prawns, and Rib Fillet just an example this is not your average pub grub. The bistro restaurant seats 54 inside and the beer garden outside seats 60 customers. The bar and restaurant are licensed to operate 10am to 12 midnight Monday to Sunday. The bar has entertainment facilities; Keno, TAB, 14 poker machines, fox sports and a pool table.
In addition to the licensed bar the site has a drive thru bottle shop. The motel has 12 standard rooms with air conditioning capacity is 36 guests. Furthermore the motel also has 6 budget rooms with a capacity of 14 guests. The leasehold business has an annual turnover of $2,900,000 approx. The business has 13 staff in total mostly casual. The business is run by a manager, it is not owner operated on site. Therefore, profit is passive income.
The freehold has a total land area of 4,492m2. There are four buildings in total two motel buildings, the pub, and a queenslander style house. The site is on a prime corner, and there is spare vacant land for further re-development. The leasehold business and the freehold land and buildings, are to be sold in one line together.
Expressions of Interest- Urgent Sale