56 Gaskill Street, Canowindra, New South Wales
FREEHOLD - The Old Vic Inn Accommodation & Functions, Canowindra NSW - 1P0383
Freehold Going Concern $1,395,000
Business Description
VENDOR TERMS AVAILABLE.
Old World Freehold Charmer!
Are you searching for a unique hospitality venue in a destination NSW location?
Are you searching for 15 en-suited large guest rooms within a licensed food and beverage outfit with a large footprint?
Whether for a health retreat, art gallery, distillery, brewery accommodation and function centre, this is the place you`ve been looking for!
The Old Vic inn, Canowindra is a rare offering with endless possibilities.
Set upon over half an acre with room to grow your empire.
In a rapidly evolving hospitality and wellbeing marketplace this venue has the blueprint.
Financial reporting is not available, and this unicorn is being sold as property only via a contract for the sale of land.
With an abundantly rich history, The Old Vic Inn, Canowindra has been a hotel which closed its door in 1967 then become a convalescent home for approx. 25 years until 1995 when it was sold and become a bohemian style guesthouse.
The current vendors purchased this glorious property in 2003 and have over the years been continuously improving this beautiful building which become an award-winning venue in recent years after winning multiple tourism awards including gold and silver in state tourism.
Located near the appealing towns of Orange, Bathurst and Cowra in the movie set town of historic Canowindra (literally) – home to acclaimed vineyards, fascinating colonial history and a unique collection of prehistoric fossils.
Key Features:
* 15 x En-suited guest rooms
* Licensed restaurant seating 80 pax
* Superb main street frontage
* Many improvements across the venue
* Plenty of potential for development
* Opportunity to increase revenue with additional restaurant trading hours
* Full commercial Kitchen
* Land size approx. 5,463m2 - Zone A, Residential
This outstanding freehold property only is for genuine sale don't delay.
Contact Dan McDonald at MHB direct for more information.
Business Summary
Other Features / Notes
FREEHOLD GOING CONCERN, Hotel, Motel, NSW - Central & North West
Key Investment Insights
1. Unique hospitality venue in a destination NSW location.
2. 15 en-suited large guest rooms within a licensed food and beverage outfit.
3. Potential for various uses such as a health retreat, art gallery, distillery, brewery accommodation and function centre.
4. Large footprint with over half an acre of land.
5. Endless possibilities for growth and development.
6. Abundantly rich history, with a former life as a hotel and convalescent home.
7. Award-winning venue, with multiple tourism awards including gold and silver in state tourism.
8. Located near popular towns and attractions such as Orange, Bathurst, and Cowra.
9. Superb main street frontage.
10. Full commercial kitchen.
11. Opportunity to increase revenue with additional restaurant trading hours.
12. Land size of approximately 5,463m2.
13. Zone A, Residential.
14. Genuine sale of the freehold property.
15. Vendors offering vendor terms.