Price Reduced on VIC Leasehold Hotel by $50K For
Quick Sale - 1P4907H

Industry: Accommodation/Tourism - Hotel, Leisure/Entertainment - Bars/Nightclubs | Listed by: CRE Brokers
Key Strengths
About this business
EXCLUSIVE TO CRE BROKERS

Urgent sale needed!

The historic Poachers Paradise Hotel, Rutherglen is one of Victoria's truly outstanding hotels.

Currently rent free during the Covid 19 situation, the Hotel is still enjoying a very strong takeaway trade, however our vendor has bought elsewhere and must sell now!

Sitting prominently in the main street of a busy tourism centre, all the hard work has been done with recent renovations and improvements to the Hotel.

Featuring an inviting front bar adjoining the TAB, fully equipped commercial kitchen and spacious bistro. An additional semi enclosed dining area spills out into a traditional beer garden with new children`s playground. Patrons can hold private gatherings in the meeting room on the ground floor or in the huge function space upstairs which also has its own bar and stunning verandah with views across the town. In addition there is a 2 bedroom manager`s residence located on the upper floor.

With strong trade derived from locals and tourists, the incoming owners can sit back and enjoy the benefits. Lease options until 2043.

Rutherglen has also become quite the hub for hosting Weddings therefore increasing the demand for accommodation, food and function venues.

* Incredible Buyers Yield
* Turnover in excess of $1 million through 2018/2019
* Secure long lease with options to 2043 with a very good landlord
* Top central main street location in busy tourist town
* Multiple income streams
* Excellent Plant & Equipment
* Only TAB in the district
* Motivated vendor ready to meet the market

This fabulous Hotel presents an excellent business opportunity plus excellent value for money to the potential buyer.

Contact Ian McDonald to arrange an inspection today.
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Business Name / Ref #:
Contact Advertiser
Location:
Main Street 120
Rutherglen
VIC
3685
Australia
Asking Price:
$99,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
Trading Hours:
Website:
Contact Details:
0408 21.....
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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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All Comments

Price Reduced on VIC Leasehold Hotel by $50K For Quick Sale - 1P4907H ListingImage
About this business
EXCLUSIVE TO CRE BROKERS

Urgent sale needed!

The historic Poachers Paradise Hotel, Rutherglen is one of Victoria's truly outstanding hotels.

Currently rent free during the Covid 19 situation, the Hotel is still enjoying a very strong takeaway trade, however our vendor has bought elsewhere and must sell now!

Sitting prominently in the main street of a busy tourism centre, all the hard work has been done with recent renovations and improvements to the Hotel.

Featuring an inviting front bar adjoining the TAB, fully equipped commercial kitchen and spacious bistro. An additional semi enclosed dining area spills out into a traditional beer garden with new children`s playground. Patrons can hold private gatherings in the meeting room on the ground floor or in the huge function space upstairs which also has its own bar and stunning verandah with views across the town. In addition there is a 2 bedroom manager`s residence located on the upper floor.

With strong trade derived from locals and tourists, the incoming owners can sit back and enjoy the benefits. Lease options until 2043.

Rutherglen has also become quite the hub for hosting Weddings therefore increasing the demand for accommodation, food and function venues.

* Incredible Buyers Yield
* Turnover in excess of $1 million through 2018/2019
* Secure long lease with options to 2043 with a very good landlord
* Top central main street location in busy tourist town
* Multiple income streams
* Excellent Plant & Equipment
* Only TAB in the district
* Motivated vendor ready to meet the market

This fabulous Hotel presents an excellent business opportunity plus excellent value for money to the potential buyer.

Contact Ian McDonald to arrange an inspection today.

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:

Trading Hours:

Website:

$99,000

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