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List Type: Business / Real Property   ID: 183

Address: 1531 Dufferin Avenue,
City: Wallaceburg, ON   Lot Size:

Posession: 60 days   Appointments: L/B
Taxes: $15,082   For Year: 2004
Description: Long established Hotel
with 24 rooms, licensed for 400, including tented 100 seats patio. Full sprinkler system, huge kitchen suitable for banquets, largest club in the area, untapped potential. Same owners for 21 years, retiring. Move to this growing city, 1 hour from Southwest from London and change your lifestyle for the better. When first opened in 1952, this Hotel boasted grand foyer with 24 rooms with private bathrooms, some kitchenettes, large hallways. Still retaining its historic charm. Suitable for conversion to retirement home, seniors residence or run it as a hotel, restaurant/bar and entertainment are endless. Come take a trip to Wallaceburg -- You won't be dissappointed. Total Sq. Ft. is 9,500 approx.

Offered: Business and Realestate
Bus.Name: SAM'S HOTEL
Bus.Type: Service      
KeyEmployees: Available   Nature Of Sale: Assets
Hours M-F,Sat., Sun.:  
Capacity:   Retail Area:
Reason for Sale: Owners retiring
Years Operated:   Monthly Sales: Available
Requirement Under the Buss. Brokers act: Profit and Loss, Assets and Liabilities and List of Chattels Not Included
Leasehold: Lease   Exp. of Lease:
Renewal Option:   TypeOfLease Gross
Base Rent:   Add Rent:
Mortgage: Purchaser to arrange financing  

Construction: Metal/Vinyl Siding Stories:
Heating: Forced Air   Fuel: Electricity
Influences: High-Traffic Location     Visual Exposure
  Highway Access     See Remarks
  Near Public Transport.      
Parking: 45   Parking Type: Common

 

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