Internal Ref: CB1458
Summary
SBX Code: CB1458 - Hotel - Freehold - Investment - Central Tablelands - Tourist Park adjoining.
Rent
$0 pa
Net Profit
$0 pa
Location Details
Prime location, in charming village, on main road close to large regional town in Central Tablelands NSW, and adjoining established accommodation comp
Potential
Continue to emphasise dining potential - Offer eat and stay package in conjunction with adjoining caravan park - Target social media.
Hours
Licensed - Monday to Saturday 5.00 am to 12.00 pm. Sunday 5.00 am to 11.00 pm.
Lease
New lease end Nov 2025 with the owner of the freeholds option to terminate the lease with 6 months
Employees
Owner operated or take on lessees.
About the Business
Hotel - Freehold Only - Investment - Central West NSW
SBX Code: CB1458
Hotel freehold only ( not the business ) located in historic village, with premises erected in 1911 and centre of community activities - Premises are fully air conditioned with 5 units, and also features open fireplaces and slow combustion fires - Unique bar showcases historic artifacts and has 4 taps and glycol system - Meals are available in two dining areas, accessed from the bar, and provide extensive seating capacity, and are serviced from a well-equipped kitchen - Kegs are directly accessed behind bar on ground level, and a large store room with cool-room adjoins - A pool table is located in area distinct from bar - Two large outdoor seating areas with shelter are well patronised - Owner/manager quarters is air-conditioned and consist of 3 large bedrooms, lounge, kitchenette and bathroom - Water supply is provided by a bore and sewerage is septic system with recent drainage upgrade - Building is heritage listed with local council, but not NSW Heritage Council - Strong emphasis on live music with gigs each fortnight - Attention is paid to energy saving programs with extensive solar panel installation - Dining is currently out sourced to popular local chef.
Features
Strongly supported by locals - Great position - Adjoins popular Tourist Park - Close to major regional town - Charming historic premises - Live music promotions - Large solar panel installation. - New cool room installed Nov. 2023
Premises
Large well maintained premises of wood construction and pressed metal ceilings - External patron toilet facilities.
Comments
The hotel is currently available as freehold with vacant possession or alternatively fully leased with an estimated ROI from November 2023 of 8.09%. A thriving freehold tourist park, with busy convenience store, is located next to the hotel
SBX Code: CB1458
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