146 Hummfray Street, Ballarat East, Victoria
Queen's Head Hotel - Well-Established Venue
Leasehold $150,000 + SAV
Business Description
CRE Brokers is delighted to present the leasehold sale of the 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 - WestKey Investment Insights
1. Prime location on a major arterial road in Ballarat East, supporting strong passing trade and visibility.
2. Leasehold sale, presented by CRE Brokers, simplifying entry for a new operator.
3. Recently refurbished with fresh internal and external paintwork and a newly replaced roof, reducing immediate capital expenditure.
4. Long lease with options until 2052, offering long-term occupation security.
5. Spacious bistro seating over 80 guests, enabling significant foodservice capacity.
6. Welcoming public bar and a private beer garden with undercover seating, expanding beverage and outdoor trade options.
7. Fully equipped commercial kitchen with new combi oven and grill, facilitating efficient food production and menu flexibility.
8. Large cool rooms and ample internal storage, supporting high-volume operations and inventory management.
9. Attached three-bedroom manager’s residence, valuable for owner-operators or on-site management.
10. Currently trading five days a week for lunch and dinner, indicating an established base with clear upside by extending trading hours.
11. Established customer engagement through a thriving bistro, popular bar, weekly trivia nights and a well-supported local social club, providing steady patronage.
12. Inspections highly recommended, implying transparency and readiness for buyer due diligence.
