62 Barrack Street, Merredin, Western Australia
Commercial Hotel - Merredin
Leasehold $300,000
Business Description
Fantastic Leasehold of the Commercial Hotel Merredin, offered for sale by CRE Brokers.
This excellent regional hotel has been fully renovated on the ground floor and with a prime location in the centre of town. Boasting a huge local wheat industry, mining and solar projects in the region and perfectly positioned on a major highway between Perth and Kalgoorlie.
The Hotel features a large modern style dining area, large fully equipped commercial kitchen, separate private dining function room, public bar opening out to a spacious outdoor beer garden.
The first floor consists of a huge 34 room accommodation area with queen, double and twin rooms, plus 3 communal bathrooms. A spacious 3 bedroom residence, with a kitchen, lounge area and laundry.
With a strong local support, popular shopping and food destination in the region and the only hotel in town, currently run under management, this presents a great opportunity for an owner operator to take advantage of this long secure leased business with a below market rent.
Enquire today as this opportunity won't last.
Business Summary
Other Features / Notes
A:LEASEHOLD, B:HOTEL/BARKey Investment Insights
1. Leasehold sale of the Commercial Hotel Merredin, offered by CRE Brokers.
2. Fully renovated ground floor, presenting modernised public spaces and improved guest appeal.
3. Prime central location in Merredin, positioned on a major highway between Perth and Kalgoorlie.
4. Regional demand drivers include a large local wheat industry, mining activity, and solar projects.
5. Only hotel in town, implying limited direct accommodation competition and strong local patronage.
6. Large modern style dining area and a separate private dining function room, supporting food and events revenue.
7. Large fully equipped commercial kitchen, suitable for high volume food service.
8. Public bar with direct access to a spacious outdoor beer garden, enhancing beverage and social trade.
9. First floor accommodation of 34 rooms comprising queen, double and twin configurations, plus three communal bathrooms.
10. Onsite spacious three bedroom residence with kitchen, lounge and laundry, and currently run under management, offering potential for owner operator to increase returns; long secure lease with below market rent noted.
