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The Hibernian Bendigo - The HIBO is looking for a new owner - Plant & Equipment
Summary
HIGH-EXPOSURE HOTEL BUSINESS IN THE HEART OF EAST GIPPSLAND
Location Details
929 Princes Highway, Nicholson, VIC 3882
About the Business
Set in a picturesque riverfront location on the busy Princes Highway, servicing both the local community and passing trade, the Nicholson Hotel presents a rare opportunity to acquire an established regional hotel business with multiple income streams and strong operational foundations. With the added benefit of a 20-year lease structure comprising four terms of five years.
This well-known hospitality venue offers the ideal mix of bar, dining, takeaway liquor and accommodation, creating a diverse business model with broad customer appeal. The operation includes a substantial main bar, generous bistro/dining area, bottle shop, commercial kitchen and supporting service areas, all designed to accommodate a range of trading formats and customer experiences.
A key feature of the business is the inclusion of guest accommodation, with nine motel-style rooms providing valuable supplementary income and enhancing the hotel's appeal to travellers, workers and regional visitors. In addition, the property includes a residential living component, suitable for owner-manager or staff use, which further strengthens the practicality of the operation.
The hotel benefits from its prominent highway exposure, established presence within the East Gippsland region, and flexible trading profile. With bar sales, food service, accommodation and bottle shop revenue all under one business, the Nicholson Hotel offers genuine upside for an experienced operator seeking to grow an already recognised venue.
This is an excellent opportunity for a publican, hospitality operator or business owner to take control of a regional hotel business with scale, diversity and future potential.
Key Highlights
- Business sale on a picturesque riverfront
- Prominent Princes Highway location
- Established regional hotel business
- Multiple income streams including bar, bistro, bottle shop and accommodation
- Nine guest accommodation rooms
- Separate residential living area for owner-manager or staff
- Commercial kitchen and functional service areas
- 20-year lease structure comprising four terms of five years.
- Opportunity to enhance trade and build on existing goodwill
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