Historic Victorian Hotel

Victoria, Australia
 

Asking Price
$170,000


Historic Victorian Hotel

Historic Victorian Hotel offering income and charming rural lifestyle

 

Located in a charming country town, just outside a major regional city, this hotel is practically a local landmark having been operating from the same location since 1857.

Its long history servicing the region and friendly atmosphere has made the hotel a popular destination for local residents, passing traffic, plus workers and holidaymakers staying in the town.

 

Facilities at the hotel include:

• Main Bar • Bistro • Drive-Thru Bottle Shop

• Function room licenced for 125 guests • T.A.B.

 

The current owner has undertaken a full refurbishment of the hotel’s equipment and systems, ensuring the business is in first-class condition. The hotel is ideally positioned on a major highway making it visible and easily accessible for the large volume of traffic passing through the town on a regular basis. The varied clientele, ranging from tourists and regional workers, residents and passing trade, combine to help generate considerable turnover and income.

 

A long lease on the hotel and premises offers continuity for the future. At the rear of the premises is a comfortable 2-bedroom manager’s residence – an ideal first home for a new owner.

 

Strong residential and commercial growth in the area will provide the perfect platform for the business moving forward. Expanding the trading hours - such as opening for breakfast - is just one of the many possibilities. As one of only two hotels operating in the town, the business is well-placed to continue its long running success.

 

Locally you’ll enjoy a laidback regional lifestyle set amid the lower plains of the Great Dividing Range. You’ll be within 10 minutes of Ballarat and 1 1/2 hours to Melbourne - ensuring some of Victoria’s best destinations are in easy reach.

 

Functions provide an excellent source of consistent additional revenue. The function room is an often used venue for social events and club nights – with regular bookings occurring throughout the year.

 

Asking price: $170,000 + SAV • Code: V24-044 • State: VIC

Contact buyer enquiry centre

Int: +61 2 9181 4477 • Australia: 1300 650 470 Or visit www.chasemanhattan.com.au

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International +61 2 9181 4477
Australia 1300 650 470

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