219 Clarinda Street, Parkes, New South Wales

The Royal Hotel Parkes - Huge Potential Growth

Leasehold - $70,000

Business Description

Classic Leasehold Country Hotel exclusively offered for sale by CRE Brokers.

This fantastic regional hotel opportunity located in the strong and diverse agriculture and mining town of the Central West region. Parkes is the home of the world renowned tourist attraction of "The Dish" and boasting many local festivals including the popular Elvis Festival weekend which brings to town approximately 25,000 people from all over Australia.

Featuring a cosy dining area, spacious public bar with access to the rear beer garden and a fully equipped commercial kitchen.

The Hotel also consists of a second story consisting of a spacious 2 x bedroom residence with kitchen, lounge and bathroom, plus 13 motel rooms with lounge area, 3 x communal bathroom.

The Royal Hotel Parkes presents a great opportunity for an owner operator to take advantage of the hotel's huge potential growth, so enquire today as this won't last.

Freehold opportunity also available.

Business Summary

Other Features / Notes

A:LEASEHOLD, B:HOTEL/BAR, C:NSW - Central & North West

Marketing Agent

Steph Mannix

CRE Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. Leasehold country hotel in Parkes, a Central West town supported by diverse agriculture and mining industries.
2. Local tourism attractions include The Dish and the popular Elvis Festival, which attracts approximately 25,000 visitors from across Australia.
3. Cosy dining area and spacious public bar with direct access to a rear beer garden.
4. Fully equipped commercial kitchen supports onsite dining operations.
5. Accommodation includes 13 motel rooms, a lounge area and three communal bathrooms.
6. Spacious upstairs two bedroom residence includes a kitchen, lounge and bathroom, offering convenient accommodation for an owner operator.
7. Freehold purchase opportunity also available.