45 MacKay Street, Rochester, Victoria

Criterion Hotel Rochester - 1P5945

Leasehold $130,000

Business Description

This historic all rounder hotel is perfectly located on a prominent corner block in the heart of a lovely country town in Northern Victoria.

The hotel comprises of a spacious public bar with polished timber features and purpose built games area. The property also features a cosy family friendly dining room, second dining/function room as well as alfresco style footpath dining and an impressive beer garden with extensive decking and sail shades. The current owners have created an ice cream shop/cafe with seating which could become a family friendly party venue and could also offer drive through coffee. The premises also offers ample street parking plus a large rear carpark. The hotel has 5 rooms currently utilised as a 5 bedroom manager's residence.

Maintained and very well presented, the Criterion is a lovely family friendly hotel with diverse revenue streams and significant growth potential. This is a fantastic business opportunity for a new team not to be missed.

Freehold opportunity can also be available.

Business Summary

Other Features / Notes

A:LEASEHOLD, B:HOTEL/BAR, C:VIC - North
Marketing Agent
Phil Mammolito
Phil Mammolito

Key Investment Insights

1. Historic hotel located in a prominent corner block in a lovely country town in Northern Victoria.
2. Spacious public bar with polished timber features and purpose built games area.
3. Cosy family friendly dining room, second dining/function room, and alfresco style footpath dining.
4. Impressive beer garden with extensive decking and sail shades.
5. Ice cream shop/cafe with seating, potential for family friendly party venue and drive through coffee.
6. Ample street parking and large rear carpark.
7. 5 rooms currently utilized as a 5 bedroom manager's residence.
8. Well-maintained and presented.
9. Diverse revenue streams and significant growth potential.
10. Freehold opportunity also available.
Listing location

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