Railway Hotel Murchison - 1p6042

Business For Sale 4910 Goulburn Valley Highway, Murchison East, Victoria 3610

Business Category Hotel

Leasehold $180,000 + SAV

Description

Railway Hotel Murchison - 1p6042

CRE Brokers are delighted to offer the Railway Hotel Murchison East as a leasehold business.

This well presented double storey hotel, built in the 1930's has been an enduring fixture in the Goulburn Valley region throughout the years. The current proprietors took ownership of the Railway in 2017 and embarked on an extensive renovation project, which included enhancements to the bistro, kitchen, and public bar.

The Railway Hotel is well-appointed with a variety of tap beverages, TAB facilities, and a pool table. The hotel also offers a freshly painted, well-lit and spacious dining area, a comfortable lounge area often referred to as 'the waiting room,' and a 16-seat private function room.

The hotel delivers a thriving live music scene to patrons, regularly hosting both free and ticketed events, the venue attracts renowned artists and tribute bands, with past performances by the likes of Adam Brand, The Screaming Jets, and Gold Chisel.

The expansive outdoor beer garden, equipped with a stage and a side entrance for ticketed events, provides an ideal setting for patrons to enjoy the live music experience. Outdoor amenities include covered dining spaces, an outdoor bar, a 'beer van,' and a 9-hole mini-golf course, ensuring a diverse range of entertainment options.

The hotel features a spacious upstairs residence, complete with a lounge, kitchenette/dining area, four spacious bedrooms boasting ample built-in storage, two bathrooms, and private laundry facilities. The residence presents the perfect opportunity for new owners to reside on site and seamlessly operate the business.

The Railway Hotel is an absolute must-see opportunity. With a strong turnover exceeding $1,000,000 in the 2023 financial year. Offering a new 5 x 5 year lease direct from the owner and very fair market rent this is a fabulous opportunity for a new operator to expand and further grow this exceptional regional hotel.
Other Features / Notes
A:LEASEHOLD, B:HOTEL/BAR, C:VIC - North
Contact Seller

Bsale ID: 644825
Broker REF: 1P6042

CRE Brokers
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