Location: New South Wales

Category: Hotel Motel B and B

Asking Price: $ 1,500,000
Sales revenue: Undisclosed
Net profit: Undisclosed
Furniture/Fixtures value: Undisclosed
Inventory/Stock value: Undisclosed

Become an Instant Local Favourite with Iconic Regional Hotel

Located in a regional town on the Northern Tablelands of New South Wales, this hotel has been a local favourite since it commenced trading back in 1937.

Despite a seven and a half decade long history, the hotel shows no signs of slowing down and continues to remain a popular destination for locals as well as being an accommodation provider and regular stopping point for workers and travellers passing through or staying in the region.

Facilities at the two-storey hotel include:
Two main bars
Restaurant serving a modern Australian menu with separate seating for 25
6 Poker Machines
TAB Facilities
10 Accommodation rooms of various configurations (upstairs)
2-bedroom Manager’s residence (upstairs)

Positioned on the main street of town the hotel is easily accessible and enjoys high visibility to passing traffic. The freehold title to the premises is included in the asking price. With vacant land on the site yet to be developed, there’s scope for a new owner to add additional facilities and continue to build on the hotel’s already impressive track record.

If you’ve ever dreamt of owning your own hotel while enjoying a quiet regional lifestyle, this investment opportunity is the perfect fit.

With its safe clean environment and welcoming locals, you’ll find few more family friendly destinations than the town and surrounding area. You’ll be able to enjoy the region’s changing natural beauty with the local climate experiencing four distinct seasons throughout the year. You’ll want for nothing in terms of education and medical facilities, while major regional centres such as Armidale (20mins), Tamworth (1.5hrs) and Coffs Harbour (2hrs) are all nearby. Situated between Sydney and Brisbane, some of Australia’s most renowned destinations are within easy reach, including the theme parks of the Gold Coast and beaches of northern New South Wales.

Asking Price: $1.5 million + SAV
CODE: NB7-022
STATE: NSW
www.barclaysbusiness.com.au
p:1300 846 876 f:1800 628 798
Int: +61 2 8023 4279