82 Napier Street, Deniliquin, New South Wales

UNDER OFFER - Railway Hotel, Deniliquin NSW - 1P0039

Leasehold $120,000

Property Description

MHB are pleased to be marketing for sale the Leasehold Business of the Railway Hotel in Deniliquin NSW.

Our vendors are motivated and have priced this family-owned pub to sell!

The Railway Hotel has much to offer any potential purchaser with features including well equipped cool rooms, public bar with TAB, commercial kitchen to service the bistro and function areas, lounge, beer garden, drive-thru or walk in bottle shop, parking with easy access, good signage plus a 2 x bedroom residence.

* Turnover for the period Feb 2020 to Jan 2021 is approx. $1.1M. A fantastic result considering the Covid19 shutdown and restricted trade conditions.

As an added income stream the business offers accommodation of 5 lettable Hotel style rooms, popular with visiting contractors.

Located in a residential area of a strong Riverina city, close to the rice mill, abattoir and industrial areas, the Hotel attracts a diverse clientele and gives a very good inspection.

Featuring:

* Excellent Buyers Yield of approx. 100%
* Turnover of approx. $1,049,086.00 across the 2019/2020 financial year
* Single storey, brick construction, built in 1934
* Public bar, TAB, bistro/dining, function room, lounge, beer garden
* Very profitable drive-thru / walk in bottle shop
* Brand new 20 year Lease direct from the owner
* Prominent central location with strong local trade
* Multiple income streams across food, beverage & accommodation
* 2 hotel rooms and 3 motel rooms plus a 2 bedroom residence
* Liquor Licence # LIQH ----------
* Would suit an all-round operator
* Long term vendors wanting to retire

NOTE: Freehold also available.

This is a fantastic opportunity at an affordable entry level price for an enthusiastic operator to enter the Hotel industry.

Contact Ian McDonald at MHB and inspect this business with total confidence.

Property Summary

Hotel Information

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

Other Features / Notes

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

McDonald Hospitality Brokers (MHB)

Listing location
Gallery

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