146 Hummfray Street, Ballarat East, Victoria
UNDER OFFER - Queen's Head Hotel
Leasehold $99,000 + SAV
Business Description
Queens Head Hotel, a well-established venue in Ballarat's East. Strategically located on a major arterial road, this iconic hotel has been recently refurbished, with fresh internal and external paintwork and a newly replaced roof, ensuring a modern and well-maintained establishment.
The venue boasts:
• A spacious bistro accommodating over 80 guests
• A welcoming public bar area
• A private beer garden with undercover seating
• A fully equipped commercial kitchen with new combi oven and grill
• Large cool rooms and ample internal storage
• Additionally, an attached three-bedroom manager's residence provides a convenient living space for an owner-operator.
Currently trading five days a week for lunch and dinner, this presents an excellent opportunity for a new operator to extend trading hours and further grow the business. With a thriving bistro, popular bar, weekly trivia nights, and a well-supported local social club, the Queens Head Hotel enjoys a steady flow of patrons.
With a long lease and options until 2052, this is a fantastic opportunity for those looking to step into the hospitality industry. Inspections are highly recommended.
Business Summary
Other Features / Notes
A:LEASEHOLD, B:HOTEL/BAR, C:VIC - North, C:VIC - West
Key Investment Insights
1. Under offer listing, indicating active buyer interest and limited availability.
2. Prime location on a major arterial road in Ballarat East, offering strong drive-by and local visibility.
3. Recent refurbishment including fresh internal and external paintwork and a newly replaced roof, reducing immediate capital expenditure.
4. Spacious bistro seating for over 80 guests, supporting high-volume dining trade.
5. Established public bar area with regular patronage.
6. Private beer garden with undercover seating, enhancing outdoor trade and weather resilience.
7. Fully equipped commercial kitchen with new combi oven and grill, ready for immediate food service.
8. Large cool rooms and ample internal storage, supporting efficient stock management and volume operations.
9. Attached three-bedroom manager’s residence, enabling owner-operator occupancy or staff accommodation.
10. Current trading schedule five days a week for lunch and dinner, presenting clear upside by extending trading hours.
11. Regular trading attractions including a thriving bistro, popular bar, weekly trivia nights and a supported local social club, providing steady foot traffic.
12. Long lease with options through to 2052, leasehold structure, creating long‑term operational security and planning certainty.