Property ID : 2475049
Buy $40,000 - Business
SEAPS is proud to present…..
Located on Street 19 this well established hostel is available for sale, comprising approximately 398 sqm over ground and 3 upper floor and is in the heart of the tourist area.
On entering you are immediately in the reception/bar area, with probably one of the longest bars in town, in the mid section there is a pool table, toilets and at the rear the kitchen and storeroom.
The upper floor comprise of a mixture of single and twin rooms and dormitories, there are 4 bedrooms and 6 dormitory rooms.
The lease terms are for 5 years with 4 years remaining. The outgoings are low and financials can be mad available to serious buyers.
The business is for sale for $40,000 negotiable or it can be leased for $2,700 pm with a security deposit of $10,000.
If you are looking for a hostel in the heart of the tourist area, with low overheads, rent and plenty of scope to make it yours, then book a viewing today!