CRE Brokers are pleased to exclusively present the Royal Oak Hotel Leasehold Business for sale, offering an outstanding opportunity to acquire a well-established hospitality business in the heart of Ballarat, one of regional Victoria's most vibrant and thriving centres.
Originally built in 1866, the Royal Oak Hotel is a character-filled property combining timeless heritage appeal with a range of established and emerging income streams. Under the current ownership for the past five years, the business is now ready for a new operator to take it into its next chapter.
Renowned as a traditional "old school pub", the Royal Oak Hotel offers great value, a welcoming atmosphere and a loyal local following, while also benefiting from the strong visitor and tourism market generated by Ballarat.
The hotel features a cosy bistro with a traditional fireplace, a spacious public bar and a fully equipped commercial kitchen, supported by a cool room, freezer room and excellent storage facilities. A recently renovated beer garden provides additional outdoor seating, while the hotel's original stable building has been transformed into a unique function space complete with its own built-in bar, creating an ideal venue for private functions and celebrations.
Upstairs presents significant further potential, with four recently renovated accommodation rooms already providing an additional income stream. A further three bedrooms offer flexibility to be utilised as owner's accommodation or potentially added to the short-term accommodation pool, creating further opportunities to increase revenue.
The hotel's impressive heritage character is enhanced by a range of period features, including high ceilings, leadlight windows, a grand staircase and ornate balustrading.
The business is offered with the benefit of an existing lease with approximately 20 years remaining, providing long-term tenure for the incoming operator. With an attractive annual rental of just $80,000 plus GST, the Royal Oak Hotel represents an exciting leasehold hospitality opportunity with multiple income streams and further potential in one of regional Victoria's strongest hospitality markets.
Key Features:
* Established leasehold hotel business in central Ballarat
* Historic hotel originally built in 1866
* Strong local following and traditional "old school pub" appeal
* Cosy bistro with fireplace
* Spacious public bar
* Fully equipped commercial kitchen
* Cool room, freezer room and generous storage
* Recently renovated beer garden
* Unique function space with built-in bar
* Four recently renovated accommodation rooms
* Three additional bedrooms offering further flexibility and income potential
* Significant heritage character and period features
* Approximately 20 years remaining on existing lease
* Attractive annual rental of $80,000 plus GST
* Further potential to grow and develop the business
An outstanding opportunity to secure a well-established Ballarat hospitality business with strong foundations, multiple income streams and genuine upside potential.
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