Business For Sale 20-28 High Street, Pyalong, Victoria 3521
Business Category Hotel Restaurant
FHVP - $950,000 plus GST
Description
Pyalong Hotel - 1p6159
Exclusive to CRE Brokers, a hidden gem, The Pyalong Hotel is offered to the market as a freehold with vacant possession.
This easy to operate country hotel, has plenty of character, a friendly family atmosphere and is situated 80kms north of Melbourne. Situated on large block of approximately 2495m2 with township zoning just off the northern highway, the hotel is in a great location and in one of the fastest growth corridors of Victoria. Excellent opportunity to further develop (STCA) utilising the extra land or further the accommodation offerings. This hotel is ready to be made the next best destination out of Melbourne!
The hotel comprises a public bar, bistro, pool room, large outside deck. With a recent refurbishment all the hard work has been done - the kitchen has been completely upgraded, extended all new equipment, flooring, cool room. just walk in and start trading. The bar & lounge/dining areas are air conditioned & also have wood fire for extra comfort. The Hotel has kept gardens with the possibility of expanding the outdoor area for live entertainment.
The residence also has new carpet and been repainted throughout and has 5 bedrooms, bathroom, kitchenette, office & private lounge.
Recently closed due to family circumstances the Pyalong Hotel is now awaiting a new owner to give this hotel a new lease of life.
Other Features / Notes
A:FREEHOLD GOING CONCERN, B:HOTEL/BAR, C:VIC - North
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This business is somewhat unique and has no similar competition in this region, category or price bracket.