SOLD - 50816L
The Royal Hotel was built in 1863 has a rich history and is well presented. The hotel is has a great presence, it has a prominent corner location, is 2 storey and a 100 year old grape vine still drapes from the balcony, providing an attractive alfresco lounge area in the warmer months. There are multiple steams of income. New 25 year lease and very fair rent.
The hotel features public bar with pool table and juke box, bistro, function room, café, commercial kitchen, large separate cool room, upstairs there is a kitchenette, lounge and manager's residence. There is an opportunity for accommodation upstairs (STCA) and a shortage of accommodation in the town should make this an attractive option.
Other Features / Notes
A:LEASEHOLD, B:HOTEL/BAR, C:VIC - North