Nicholson Hotel - Leasehold

929 Princes Hwy, Nicholson, Victoria 3882

$495,000 + SAV

Key Features

AI generated. Contact seller to confirm.

  • Leasehold blue chip on Nicholson River
  • Prominent Princes Highway location
  • Public bar and bistro dining
  • Thirsty Camel bottle shop with comprehensive range
  • Nine motel units, five fully renovated
  • Modern three-bedroom owner's residence onsite
  • Turnover: Not disclosed
  • Net Profit: Not disclosed
  • Rent/Lease: Long lease in place
  • Stock Value: Included
  • Established: Not disclosed

Business Details

Business Category Alcohol Liquor Shop Hotel Motel Pubs

Blue Chip offering on the banks of the Nicholson River. Affectionately known as 'The Nicho', it sits prominently on the Princes Highway, adjacent to the Gippsland Lakes. After a considerable number of years since last being offered to the market, this highly visible and accessible hotel offers a rare and wonderful opportunity to a future buyer. The business has strong takings form all its revenue streams and there is a long lease in place.

The single level hotel is on a large land holding with ample customer parking. Features include an inviting public bar and bistro dining that caters for both locals and tourists. The 'Thirsty Camel' bottle shop carries a comprehensive range of drinks. Nine (9) motel units - five have been fully renovated. An outdoor area overlooking the river and surrounds, which offers further opportunity and scope to add to the business. The property also has a modern and refurbished three (3) bedroom owner's residence with bathroom, kitchen and lounge - ideal for the business owners.

'The Nicho' provides for all those that are wishing to enjoy what this area has to offer including activities such as fishing and boating on the local rivers and Gippsland Lakes, sampling wines from the local wineries, and cycling on the East Gippsland rail trail. The Twin Rivers Bream Classic is a major fishing tournament held here annually.

In short, the hotel provides an opportunity for excellent returns on your business investment, as well as offering a fantastic place to live in this stunningly beautiful region.

Exclusively listed with Hutchinson and Co.

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Bsale ID: 664161

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