UNDER CONTRACT - Victoria Hotel, Rutherglen VIC - 1P0024
MHB are delighted to be marketing the Leasehold Business of the Victoria Hotel in Rutherglen, Victoria.
Built in 1868, the Victoria Hotel is the town`s longest running pub and is perfectly located right in the centre of town on the main street of the busy tourist township of Rutherglen in country Victoria.
Known locally as "Rutherglen's friendliest Hotel" the Victoria Hotel has much to offer with many features including a spacious public bar, restaurant, year round outdoor alfresco setting, dog friendly beer garden, shared lounge, charming century old dining room, secure children`s playground with sand pit, parking and a 3 bedroom family residence.
With accommodation in the area in high demand, the Hotel also offers 28 lovely traditional hotel rooms with accommodation options to suit all types of travellers plus a fabulous upstairs balcony spanning the width of the Hotel with lovely views across the town.
The Hotel shows a solid (approx.) buyer's yield of 35% with strong trade derived from loyal locals and tourists who frequent the surrounding wineries, cycling tracks, fishing spots and various attractions the region has to offer.
Rutherglen has also become quite the hub for hosting Weddings therefore increasing the demand for accommodation, food and venues.
* Buyers Yield of approx. 35%
* Multiple income streams
* Very good Plant & Equipment
* Motivated vendor ready to meet the market
* 28 Hotel Rooms for accommodation
* Excellent main street location
*****Freehold also available.
This is a fabulous business opportunity and presents excellent value for money to the potential buyer.
Contact Ian McDonald to arrange an inspection today.
Hotel InformationRestaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -
Other Features / Notes
Country Pubs, Leasehold, Under Contract, VIC - North East