Freehold Country Hotel with Residence.
Phone enquiries - please quote property ID 19358
This great country Hotel is now available for purchase. Located in Warren, a small and friendly town on the beautiful Macquarie River NSW. Often referred to as the Randwick of the West with industries including, Cotton, Cropping, Farming Tyre recycling, grazing and new solar farm being built 20 minutes away.
This successful hotel is ideal for either a husband and wife team, a family or even an investor with a possible Rent return around 12% - 15%.
The business is being sold FREEHOLD with all equipment, fixtures, fittings, the property and the business, as a going concern.
* Bar and pool room upgraded less than 2 years ago.
* Approx. 1 1/2 hours’ drive to the major regional town of Dubbo with flights daily to Sydney
* Main Street location opposite council chambers and walking distance to supermarket, butcher, chemist etc.
* Great friendly town and clientele with good passing trade
* Steady worker and traveller accommodation
* Self-contained 2 bedroom accommodation for living onsite
* Currently 15 letting rooms with additional kitchen facility upstairs (not currently used)
* The Commercial Kitchen services the bistro/bar and restaurant which is currently leased.
* Functions, meetings and events catered for.
* Large secure off-street parking and rear lane access
* Limited competition
* Purchase the freehold property and business and secure management to run.
* Purchase the freehold property and business and sell the business as a going concern and set up a long secure lease with high returns.
* Add to your SMSF
* Opportunities to improve with re opening of drive through bottle shop.
* Possibilities to offer permanent and/or backpacker accommodation (cotton ginning and harvest season many seasonal workers looking for accommodation).
* Would also make a lovely Bed and Breakfast
This is a rare opportunity offering a freehold property & business with good income along with a lovely lifestyle. Genuine reason for sale. Make your enquiry today for further information.