MHB is delighted to present for sale to market the freehold going concern sale of the Royal Hotel, Adelong.
Key Features:
* Genuine freehold business opportunity with a motivated vendor committed elsewhere – this property must be sold.
* A beautifully presented heritage hotel occupying a prominent 2,023sqm corner site on the Snowy Mountains Highway, offering a proven mix of bar, bistro and accommodation trade in the picturesque township of Adelong, ideally positioned 30 minutes off the Hume Highway between Sydney and Melbourne and at the gateway to the Snowy Mountains.
* An attractive freehold and business investment offering a compelling yield with significant upside for owner operators.
* The hotel has undertaken a comprehensive renovation and refurbishment, with nothing to spend.
* Strong and diversified income streams generated via a single bar operation, spacious bistro and 8 accommodation rooms.
* Opportunity to further enhance revenue and profitability through active owner operation and continued business development.
* Manager's residence comprising bedrooms, living area, well-appointed kitchen and large bathroom/laundry.
* Located within a thriving dynamic economy supported by billions of dollars of commercial, renewable energy and infrastructure investment across the surrounding districts, inclusive of Visy Tumut and snowy 2.0 project.
For more information or to make an enquiry, contact us direct on XXXXXXXXXX .
Other Features / Notes
EXCLUSIVE, FREEHOLD GOING CONCERN, Hotel, NSW - Riverina & Murray