The Iconic Grand Hotel - 1P4714H

Industry:   | Listed by: CRE Brokers
Key Strengths
About this business
The hotel has been trading since 1880 and this is your opportunity to own part of Healesville's history.

The Grand Hotel comprises a three story purpose built hotel offering a public bar, grand dining room / bistro, commercial kitchen, a delightful shade covered beer garden, drive through bottle shop and 16 refurbished accommodation rooms.

The Grand Hotel is developed over a large corner site of 1,517m2 (approx.) that is zoned for Commercial 1 use.

This investment is secured by a new 30 year lease (5 year + 5 x 5 year options) that commenced in February 2019. The current passing rent is $208,000 pa + GST and usual outgoings, and there are annual CPI increases.
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Business Name / Ref #:
Contact Advertiser
Location:
Healesville
VIC
Asking Price:
$4,000,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
Trading Hours:
Website:
Contact Details:
0438 37.....
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Advertiser Details

Specialist business & property agents & valuers dedicated to the tourism & leisure sector
Location: 5 Jarrah Drive
Braeside, Victoria
3195, Australia

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The Iconic Grand Hotel - 1P4714H ListingImage
About this business
The hotel has been trading since 1880 and this is your opportunity to own part of Healesville's history.

The Grand Hotel comprises a three story purpose built hotel offering a public bar, grand dining room / bistro, commercial kitchen, a delightful shade covered beer garden, drive through bottle shop and 16 refurbished accommodation rooms.

The Grand Hotel is developed over a large corner site of 1,517m2 (approx.) that is zoned for Commercial 1 use.

This investment is secured by a new 30 year lease (5 year + 5 x 5 year options) that commenced in February 2019. The current passing rent is $208,000 pa + GST and usual outgoings, and there are annual CPI increases.

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:

Trading Hours:

Website:

$4,000,000

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