19 Lenborough Street

Beauty Point TAS 7270

Absolute Waterfront Hotel
Ill health is now forcing an immediate sale of The Riviera Hotel in Beauty Point and all reasonable offers will be presented. The Hotel holds pride of place on the banks of the Tamar River with stunning views and access direct to the water. Spread over 4 titles totalling some 3997m2 of land, the hotel was built in 1951 and has been consistently operated since then. The property is offered for freehold sale including all plant and equipment and stock at value. The Riviera provides locals and tourists with a popular public bar and restaurant and a separate function room. The bistro seats approximately 40 with another 40 accommodated in the function room. An alfresco area has been established in a sheltered courtyard between the water and the main hotel. Upstairs, the 3 bedroom manager's residence offers stunning views, particularly from the upgraded kitchen / dining area. The residence incorporates 2 bathrooms and provides plenty of room for a couple or small family. The remaining area on the upper level provides for 9 ensuite accommodation rooms, 5 with water views and an outdoor patio for guests. Add to this a 4 bay concrete garage and onsite parking for up to 50 vehicles and this property has it all. The perfect sea change for a couple or family wanting that fantastic hotel lifestyle right on the water! Whilst financials can be provided on the business, the sale price has been determined by the real estate value, not business performance. For more information please contact Candice Gillies of NAI Harcourts Tasmania on 0408 144 448. Commercial Real Estate Services, Worldwide.