111 - 123 Green Street, Lockhart, New South Wales
FREEHOLD - Commercial Hotel, Lockhart NSW - 1P0387
Freehold Going Concern $749,000
Business Description
Classic Freehold Australian Hotel For Sale.
Are you looking for a business with multiple streams and a great residence?
The rejuvenated and reinvented Commercial Hotel, Lockhart has diversified to include a separate and independent cafe, lounge and shared accommodation across 8 hotel rooms as well as the traditional hotel offering across bar, food and entertainment.
Repainted inside and out, this refurbished and vastly improved modern hotel offering has excellent plant and equipment and is a real opportunity for the owner operator with the ability to capitalise on this.
The bistro seats up to 50 people trading for dinner with lunch available in the popular Rumours Café.
Conveniently located in the main street, this warm and family friendly federation hotel offers stylish and comfortable accommodation with public bar, beer garden bistro & café on site.
Built in 1906, the Commercial Hotel is the main watering hole in the beautiful "Verandah Town" of Lockhart NSW.
This is more than an investment, it's a chance to own a piece of Lockhart's heritage and contribute to the community.
Whether you're an experienced hotelier or looking to diversify your investment portfolio, the Commercial Hotel, Lockhart offers a rare blend of historical significance, operational excellence and potential for future growth.
Check out all this terrific property has to offer - https://www.youtube.com/watch?v=OU8gViEJ58Q&t=64s
Key Features:
* This hotel is currently trading well beneath its licenced capacity due to illness
of the vendor
* Multiple income streams across bar, bistro, beer garden, coffee shop and
accommodation
* Significant refurbishment and plant equipment upgrades across the property
* Recently repainted inside and out
* Café creation - "Rumours" providing lunch trading Wed to Sat
* First class 2 bedroom residence - Master with walk in robe with modern
bathroom and kitchen
* Community hub in strong agricultural district
* Situated upon approx. 1,676m2 of RU5 Village Zoned land
A worthy contender and a genuine offering to the market.
Contact Dan McDonald, the Exclusive Agent, at MHB direct for more information.
Business Summary
Other Features / Notes
Country Pubs, EXCLUSIVE, FREEHOLD GOING CONCERN, NSW - Riverina & MurrayKey Investment Insights
1. Multiple income streams including bar, bistro, beer garden, coffee shop, and accommodation.
2. Refurbished and upgraded with excellent plant and equipment.
3. Includes a separate and independent cafe, lounge, and shared accommodation.
4. Conveniently located in the main street of a beautiful town.
5. Built in 1906, with historical significance and potential for growth.
6. Currently trading under capacity due to vendor's illness.
7. First-class 2 bedroom residence with modern amenities.
8. Community hub in a strong agricultural district.
9. Situated on approximately 1,676m2 of land.
10. Includes a popular lunch trading cafe, "Rumours".
11. Rejuvenated and reinvented to cater to modern needs.
12. Opportunity for owner-operator to capitalize on the business.
13. Rare opportunity to own a piece of the town's heritage.
14. Includes a video tour showcasing the property.
15. Exclusive agent for the sale.
16. Worthy contender and genuine offering to the market.
