BUSINESS, PLANT & EQUIPMENT ONLY FOR SALE.
This long established restaurant has been well maintained and patronized over the years with its beautiful period d cor. There are hundreds of hotel and motel rooms close by and within a short walking distance of the CBD. The current owners are looking to retire after 40 years in the hospitality industry and ten years in this very successful location.
The restaurant seats about 50 guests, which also includes a private function room at the rear and is currently only open Tuesday to Saturday. There is limitless potential for new owners to open every night for dinner,lunches and even breakfast.
Call me, Peter Haworth for your private discussion and viewing.
The size of Launceston is approximately 4.5 square kilometres. There are 13 parks, covering nearly 16.4% of the total area. The population of Launceston in 2016 was 2944 people. By 2021 the population was 3110 showing a population growth of 5.6% in the area during that time. The predominant age group in Launceston is 20-29 years. Households in Launceston are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Launceston work in a professional occupation.In 2021, 46.80% of the homes in Launceston were owner-occupied compared with 48.20% in 2016.
Launceston has 3,722 properties. Over the last 5 years, Houses in Launceston have seen a 32.68% increase in median value, while Units have seen a 29.72% increase. As at 30 April 2026:
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