64-70 Johnston Street, Ensay, Victoria
Little River Inn - 1P4737H
Freehold Going Concern $750,000
Business Description
Established in 1840 the Little River Inn is a traditional country hotel located in East Gippsland.
This lovely old hotel built in 1922 is full of charm with loads of character and features a lovely wrap around veranda to two sides. Set on a large fully fenced block of approximately 5583m2 of Township Zoned Land.
En route to the snow fields the hotel is patronised by locals, tourists, skiers, 4WD groups, motor cycle clubs, holidaymakers and outdoor enthusiasts.
Little River Inn offers multiple income streams with hotel trade, accommodation, with the possibility of a general store.
The hotel features comfortable public bar with wood heater, pool room, large bistro which can be divided for functions, lounge with wood heater, accommodation, private manager's residence plus secure parking with a 5 car garage.
The accommodation available comprises 4 private ensuite rooms and 5 bunk rooms. The current owners are also providing unpowered caravan and camping with plenty of parking space for guest and buses.
The current owners have recently undertaken repairs and updates to the property that include restumping, new guttering, solar panels, painting, new flooring, new airconditioners, new wood heaters, new dining chairs, new mattresses, new linen and new crockery.
With the hard work completed now might be the time to invest in a new country lifestyle.
Please contact Phil Mammolito ---------- to book your inspection now!
Business Summary
Key Investment Insights
1. Established in 1840, the Little River Inn is a traditional country hotel with loads of charm and character.
2. Located in East Gippsland, the hotel is en route to the snow fields and is patronized by locals, tourists, skiers, and outdoor enthusiasts.
3. The hotel offers multiple income streams including hotel trade, accommodation, and the potential for a general store.
4. The property features a comfortable public bar, pool room, bistro, lounge, private manager's residence, and secure parking with a 5 car garage.
5. Accommodation options include private ensuite rooms, bunk rooms, and unpowered caravan and camping sites.
6. Recent repairs and updates have been completed, including restumping, new guttering, solar panels, painting, and new furnishings.
7. The current owners have invested in new amenities such as air conditioners, wood heaters, dining chairs, mattresses, linen, and crockery.
8. The property is set on a large fully fenced block of approximately 5583m2 of Township Zoned Land.
9. Little River Inn has a strong potential for growth and development in the future.
10. The current owners are willing to provide support and assistance during the transition period.
11. The property offers a unique opportunity to invest in a new country lifestyle.
12. The hotel is a popular destination for various groups, including 4WD clubs, motorcyclists, and holidaymakers.
13. The location of the hotel makes it an ideal stopover for travelers on their way to the snow fields.
14. The hotel has a warm and welcoming atmosphere, making it a popular choice for functions and events.
15. The potential for a general store adds another source of income and convenience for guests.
16. The property is well-maintained and in excellent condition, providing a turnkey opportunity for potential buyers.
17. The hotel has a strong reputation and loyal customer base, making it a stable and profitable business
