The handsome Huntington Tavern of Kempton, on the Tassy tourist trail, has been put to market by a private vendor.
Kempton is a colonial town around 50 kilometres north of Hobart that was settled in the 1820s. It features historic buildings and 19th century charm, amongst a landscape of rolling hills and sweeping plains.
Originally built 1821, the Huntington Tavern is a community-focused family-friendly pub popular with locals, located on 2,905sqm in the town centre.
The pub had to be rebuilt in 1988 after it was destroyed by a fire. The solid single-storey red brick structure that emerged incorporates a public bar with Keno and UBet, commercial kitchen and main dining room, known as the Coachman’s lounge, with wood heater and casual seating, as well as the Lonsdale Room function space seating 100 guests, offering its own bar and wood heater, a rear entertainment courtyard, office, a partial residence on the first floor and large on-site car park.
The Tavern has a name for hearty pub meals, functions and periodic entertainment, hosting travelling musicians and even offering ‘Ghost Tours’ of its historic facilities, providing drinks, meal and a tour. It reports consistent revenue through its diverse revenues.
Kempton is a Tasmanian town “on the move” seeing residential subdivisions and growing visitor numbers.
“With no hotel competition in the town the business has loyal patronage from the locals, and ever-increasing tourist trade,” says Knight Frank’s John Blacklow, marketing the pub with colleague Matthew Wallace.
The asset last sold in early 2019 for circa $800k, shortly after significant capex was put into renovations, which brought the desired effect and strengthened trade.
The freehold going concern of the Huntington Tavern is now being sold looking for offers north of $1.2 million (plus SAV).
