Just Listed

East Gippsland Accommodation Hotel/ Restaurant/ Tavern Complex Freehold & Business - For Sale $850,000/-

Freehold & Business can be Sold separately! Lifestyle & Opportunity!

About the Business:

  • This Accommodation Hotel / Restaurant/ Tavern for sale, is a leasehold business with Multiple streams of income located prominently on the footsteps of on the Snowy River.
  • It consists of 23 Room Accommodation Hotel, Tavern and Bistro Restaurant, 2 Shops in the front of Hotel for Rent, and a Big 3 bedroom Managers Residence, extra unused shop space which can be used to rent.
  • This Leasehold Business For sale has the best of both worlds, Commercial & Lovely Country Living.
  • This Magnificent Iconic Hotel has more room & opportunity to add facilities and increase Revenue.
  • Currently the Hotel is not in operation for few months due to owners personal circumstances.

Beautiful Country Living!

  • Major regional tourism hub and gate way to East Gippsland holiday coast, this Township is an important service centre for what has developed into a major cattle and agricultural district.
  • The surrounding mountain forests produce hardwood timber, most of which is milled locally.
  • This town is situated on the Snowy River, surrounded by its rich river flats. Its commercial centre includes two supermarkets, service station, selection of shops and a few hotels.
  • It is well-known as a holiday and weekend destination for bushwalkers, trail bike riders, there are walking trails, waterfalls and picnic areas.
  • For Golf Lovers, with 18 holes on a tight layout this.
  • Town’s Famous Golf Course is host to a number of tournaments throughout the year. This is your opportunity to have a great work life balance.

Business Snapshot:

  • Hotel (Motel) with 23 Room Accommodation, Tab/ Pub, Restaurant and Rented Shops in front. Currently the Hotel is not in operation for few months due to owners personal circumstances.
  • Full complex is for lease, big opportunity for owner operator
  • TAB, Bistro with seating over 100, Bar / Pub with larger outdoor alfresco area
  • Fully Renovated Commercial Kitchen with huge storage facilities. Hotel is an Iconic
  • Solid 2 Storey Brick Building
  • Located on a huge site there are multiple opportunities to expand this business, be it trading hours, branding or services
  • One Stop Shop for Families Holidaying, Travellers & Corporate Clients
  • A good mix of regular business and corporate trade together with tourists this
  • Hotel business is well established but with big opportunity for improvement.
  • Solid Concrete Trading History & Monopoly of Position

Asking price for Freehold Property $700,000/- & Leasehold Business $150,000/

- Freehold property can be sold separately for investors and Business can be sold separately as a Leasehold Business

Lease $70,000 per annum Rent + Outgoings with Terms for 10+5+5 years

*Opportunity to Enjoy Life & Earn Well. Enquire now!

* Own due diligence required.

FOR SALE: $850,000

For further information on this opportunity, please contact the undersigned:

Karthik Arasu

Business Broker

Benchmark Business Sales and Valuations

M: 0422 310 325 T: 1300 366 521 E: karthik@benchmarkbusiness.com.au

If you like to know more about the Business complete our online confidentiality agreement here: https://benchmarkbusiness.com.au/ca-form-2078 

or go to our Website www.benchmarkbusiness.com.au and use the reference #2078 to search for the business.

 

Benchmark Business Sales and Valuations

The business images shown are for illustration purposes only and may not be an exact representation of the business.

Business Category: Accommodation and Tourism, Hotel, Restaurant, Freehold, Property 

State VIC
Price $850,000
Property Type commercial
Property ID 2078
Category Land/Development

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Agent Details

Karthik Arasu photo

Karthik Arasu

0422 310 325
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