FREEHOLD - Royal Hotel, Adelong NSW - 1P0607

Description

MHB is pleased to present the freehold going concern sale of the Royal Hotel, Adelong.Key Features:* Genuine freehold business opportunity with a motivated vendor pursuing other commitments. The property is offered for immediate sale.* Beautifully presented heritage hotel positioned on a prominent 2,023sqm corner site along the Snowy Mountains Highway. The business provides an established combination of bar, bistro and accommodation services in the picturesque township of Adelong, approximately 30 minutes from the Hume Highway and ideally positioned between Sydney and Melbourne at the gateway to the Snowy Mountains.* Attractive freehold and business investment offering an appealing yield with significant potential for owner-operators to further improve returns.* Comprehensive renovation and refurbishment recently completed, providing a turnkey operation with minimal additional capital expenditure required.* Strong and diversified revenue streams generated through a single bar operation, spacious bistro and eight accommodation rooms.* Significant potential to further increase revenue and profitability through active owner operation, marketing initiatives and continued business development.* Dedicated manager's residence featuring bedrooms, living area, well-appointed kitchen and a large bathroom and laundry.* Positioned within a growing regional economy supported by significant commercial, renewable energy and infrastructure investment across the surrounding districts, including the Visy Tumut development and Snowy 2.0 project.