Gilgandra, New South Wales

Only drive-through bottle shop in town and additional land for development | Resort Brokers ID : FH007226

$990,000

Property Description

We are thrilled to market the opportunity to purchase the Freehold Going Concern to a well-kept, historic hotel built in 1910. This property offers 10 rooms, two apartments and is most importantly, the only drive-through bottle shop in town with 30 per cent of the turnover coming from this revenue alone. The large site allows caravans to be parked on-site and there is a huge opportunity for further development with the option to purchase an additional site next door located on a corner block. The Inland Railway upgrade is about to commence near the hotel which will provide long term guests accommodation.

• Federation type hotel in good order


• Only drive-through bottle shop in town


• 30 per cent of turnover from bottle shop trade


• Adjusted net return of $136,237


• 10 rooms for accommodation


• Strong local market patronage


• Country style pub accommodation


• Inland Railway development about to start in district with strong need of rooms


• Neighbouring block of land for sale for development


• Property inspections are by appointment only

Date updated: 19 Jun 2022 23:00:12

Property Summary