Royal Mail Hotel - 1P4186H
EXCLUSIVE TO CRE BROKERS
Fantastic VIC Leasehold Hotel For Sale
This impressive country Hotel is perfectly positioned on a prominent corner location in the heart of town in a growing agricultural district in Northern Victoria.
The Hotel boasts a fantastic reputation and has very strong trading derived from it`s multiple income streams.
Featuring a public bar, TAB, bistro / dining, commercial kitchen, beer garden, function room, ample parking for patrons, footpath trading, good signage and a popular drive-thru bottle shop.
The property also provides ample room for a large family with a 5 bedroom, 2 bathroom plus lounge family residence.
Buyers Yield of 92.25%
* Multiple income streams
* 28 Years remaining on current Lease
* Well supported by locals and tourists
* 5 bedroom, 2 bathroom family residence
* Excellent turnover with over $1.8 million in 2017/2018
This a wonderful opportunity to build on and existing, well established business.
Contact Ian McDonald at CRE Brokers and book your inspection now.
A property of this quality won't be on the market long!
Other Features / Notes
A:LEASEHOLD, B:HOTEL/BAR, C:VIC - North