The Royal Hotel Parkes - Huge Potential Growth

219 Clarinda Street, Parkes, New South Wales 2870

Leasehold - $100,000

Key Features

AI generated. Contact seller to confirm.

  • Regional hotel in agriculture and mining town
  • Near tourist attraction "The Dish"
  • Hosts Elvis Festival attracting about 25,000 visitors
  • Cosy dining area and spacious public bar
  • Fully equipped commercial kitchen and beer garden
  • 2‑bed residence plus 13 motel rooms
  • Turnover: Not disclosed
  • Net Profit: Not disclosed
  • Rent/Lease: $100,000 (leasehold asking price)
  • Stock Value: Not disclosed
  • Established: Not disclosed

Business Details

Business Category Hotel Restaurant

Classic Leasehold Country Hotel exclusively offered for sale by CRE Brokers.

This fantastic regional hotel opportunity located in the strong and diverse agriculture and mining town of the Central West region. Parkes is the home of the world renowned tourist attraction of "The Dish" and boasting many local festivals including the popular Elvis Festival weekend which brings to town approximately 25,000 people from all over Australia.

Featuring a cosy dining area, spacious public bar with access to the rear beer garden and a fully equipped commercial kitchen.

The Hotel also consists of a second story consisting of a spacious 2 x bedroom residence with kitchen, lounge and bathroom, plus 13 motel rooms with lounge area, 3 x communal bathroom.

The Royal Hotel Parkes presents a great opportunity for an owner operator to take advantage of the hotel's huge potential growth, so enquire today as this won't last.

Freehold opportunity also available.
Other Features / Notes
A:LEASEHOLD, B:HOTEL/BAR, C:NSW - Central & North West

What's Nearby

Similar Businesses For Sale

This business is somewhat unique and has no similar competition in this region, category or price bracket.

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CRE Brokers CRE Brokers
Kevin Connolly

Bsale ID: 668233

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