Business For Sale Warracknabeal, Victoria 3393
Business Category Hotel
REDUCED FREEHOLD $599,000
Description
An Amazing Freehold Hotel Opportunity Awaits - 109hf
The Royal Mail Hotel in Warracknabeal is an iconic establishment in northwest Victoria.
Being sold as a Freehold Property (vacant possession), and not currently operating, this allows the purchaser a blank canvas to add your own flair to create a desirable hotel where locals and travelling guests can call in and enjoy the warm hospitality of this amazing historical property.
This large double storey hotel sits on 2,203 m2 of land and is situated in the main street of the town and boasts a comfortable public bar, bistro seating over 70, function room, excellent brand-new rear beer garden, 8 lettable accommodation rooms, commercial kitchen and a five-bedroom manager’s residence.
The hotel has demonstrated strong consistent turnover, profitability and offers the potential for continued growth. Capitalize on the huge tourism generated by the Silo Art Trail, tap into the towns sporting clubs and grasp the huge demand for accommodation currently in this regional area.
Vendor wants sold. This is a blank canvas for the right person to add their own flair to a solid, well located property.
Demand for accommodation is high in this well serviced country town. Think harvest season, contractors, seasonal workers, tourists on a budget sightseeing the silo trail.
13 rooms plus available to rent out, plenty of amenities for guests, including kitchen areas and communal lounge. The opportunities are endless.
NOTE: FREEHOLD - VACANT POSSESSION
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 109HF (quote when enquiring)
Property Code: 4643
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