West Melbourne, Victoria

Three Crowns Hotel - 1P5570H

Leasehold $350,000

Property Description

Three Crowns Hotel is an icon of West Melbourne comprising of public bars, dining room, function spaces, 9 accommodation rooms upstairs, private courtyard beer garden and recently installed outside dining parklet area, making the hotel the perfect venue for any occasion!

Located in a prime location on an intersection of 2 major roads on the edge of the CBD and surrounded by high density accommodation giving the hotel an edge on its competitors in the suburbs.

Currently operating 5 1/2 days per week, giving the new purchaser a chance to expand on an already solid business which is turning over up to $1.2M per annum with strong net profit. This hotel will suit a range of operators.

This venue is fully staffed and vendors currently oversee operations. Could be an ideal managed business or run the operation yourself and pocket more profit. This spacious double storey hotel offers seating inside and out and is licensed for 285 patrons.

Call to book an inspection, this will not last long!

Property Summary

Other Features / Notes

Marketing Agent
Rohan Pertzel
Rohan Pertzel

Listing location

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