Internal Ref: 1P6369
Summary
CRE Brokers are pleased to offer for private sale the Leasehold Business of Hotel Lona, 473 Nepean Highway, Frankston Victoria. Located on the corner of Nepean Highway and Playne Street at the g...
Location Details
Nepean Highway
About the Business
CRE Brokers are pleased to offer for private sale the Leasehold Business of Hotel Lona, 473 Nepean Highway, Frankston Victoria.
Located on the corner of Nepean Highway and Playne Street at the gateway to the pre-eminent Frankston entertainment precinct.
This standout two level period building has been meticulously renovated to now offer a 'state of the art' hotel, offering a modern ambience throughout, modern back of house systems, versatile dining & function spaces.
Hotel Lona comprises a ground level bar opening onto footpath trading & caters for the bistro overlooking Playne Street. The kitchen would impress any chef and includes a food service lift to the lounge, dining & roof top bar, complete with retractable roof.
This prominently located Hotel is developed over a large corner site of 373m2 (approx.) and has a Gross Building area of approximately 740m2 set over two levels. The property is zoned Commercial 1 (BZ1) purposes.
This hotel Leasehold Business is secured by a long lease with options until 2051.
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