80-96 Chanter Street, Berrigan, New South Wales

Federal Hotel Motel, Berrigan NSW - 1P0026

Leasehold $231,000

Property Description

EXCLUSIVE TO MHB

Presenting Incredible Hotel Leasehold Value!

* Large public bar, bistro / dining, kitchen, function space, beer garden
* 15 years remaining on current Lease
* Rent = $34,998 per annum
* Multiple income streams across the venue
* Turnover of $538,445 in 2020/2021
* Very good 44% (approx.) yield to the buyer
* Well maintained building, plant & equipment
* Fantastic location right on the Riverina Highway
* 23KW Solar panel installed (no cost to leaseholder)
* Landlord pays building insurance
* 2 x bedroom Managers residence
* 10 x Hotel and 6 x Motel Rooms with ample parking for both
* Berrigan Cup Day (turnover approx. $40-$45K) and two other race meetings
* 2 Integrated EFTPOS Machines with POS with direct connection to Kitchen
* Upgraded kitchen equipment including dishwashers, fryers and fridges
* 3 x big walk-in cool rooms and 1 x walk-in Freezer
* Liquor Licence includes Alcohol Take Away Licence

Fantastic opportunity not to be missed!

Contact Ian McDonald at MHB for further information and to arrange an inspection of this terrific leasehold Hotel.

Property Summary

Hotel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Other Features / Notes

Country Pubs, Leasehold, NSW - Riverina & Murray
Marketing Agent
McDonald Hospitality Brokers (MHB)

McDonald Hospitality Brokers (MHB)

Listing location
Gallery

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