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Iconic Country Pub with Accommodation

Premer NSW, ID 197379

Iconic Country Pub with Accommodation 1
Iconic Country Pub with Accommodation 1
Asking price:
AUD $700 000
Owner
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Description

This food and accommodation establishment presents a land and business acquisition opportunity on a sought-after historic site in New South Wales. The current owners have undertaken substantial improvements to revitalise the establishment, attracting travellers and providing the local farming community with a regular pub destination. It features multiple hospitality areas, including a dining room that can seat 20 people, a large undercover beer garden for 70 guests, and veranda seating for 60 people. Accommodation includes two motel rooms with en-suites, two cabins, and a large camping area, with development approval in place for four additional lodges. The building is modern, constructed with a steel frame and roof, and more than $12,000 has been invested in replacing kitchen equipment, excluding fridges and freezers. It maintains multiple revenue streams from beverages, food sales, and accommodation, with stock on hand valued at approximately $20,000 to $26,000, ensuring sufficient inventory post-acquisition. It benefits from active community engagement through hosting established annual events. It also caters to major private functions each year, along with additional bookings, while nearby music shows, sporting activities, weekly competitions, and raffles help drive additional sales.

Details

Real Estate: Lease
Asking price: 700 000 aud

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