THE final pieces of brick and mortar will soon be cleared from the remnants of the collapsed multimillion-dollar Doherty hotel empire.
Michael Doherty's former Campbell Town Hotel and the Plunkett family-owned Westbury Hotel were advertised for sale in print media last Thursday by property managers Knight Frank.
A minimum $320,000 lease and stock offer stands for the Westbury Hotel and an October 10 open-offer cut-off has been placed on the Campbell Town Hotel.
Knight Frank tourism and leisure manager John Blacklow said the Campbell Town property, the last of Mr Doherty's hotels, was being sold under receivership on behalf of Deloitte.
"Because it is in receivership, we're not allowed to quote any price," Mr Blacklow said.
"It's quite sensitive. We're duty- bound to get the highest price.
"We do know that when Michael Doherty purchased it in December 2009 he paid $1.9 million for it, and he spent $800,000 on major refurbishment and renovations."
Mr Blacklow said he had sold more than 400 hotels in 33 years and was noticing changes in business for small regional public houses.
"There's been a natural attrition of hotels over the last five, six or seven years, mainly in smaller country places such as Ouse that no longer have a hotel," he said.
"It's the same thing with service stations. There has been a declining number of outlets in the past 10 years.
"Tasmania does not need the number of hotels or service stations that it did 10 or 30 years ago."
He said Westbury's tourism focus and Campbell Town's position on the Midland Highway meant both towns provided stable trade environments for hoteliers.