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Leisure & Entertainment business for sale in NSW

  • Leisure & Entertainment
  • NSW
  • SOLD - Price Withheld

Leasehold Hotel for Sale - Grand Hotel, Armidale

New 10 Year Lease!

The Hotel is a sturdy double brick building located a Northern Tablelands Regional City.

The Hotel is located outside the Citys CBD and is the City's only suburban Hotel, and closest Hotel to the University Campus.

It is a single bar operation and offers a range of services to meet the needs of local and visiting patrons from a refreshing beverage, a hearty meal, gaming machines, accommodation and off street parking.

The main features of the Hotel are as follows:
- Weekly sales approximately $25,000 (ex. GST) FY2019
- High visual corner site with captive local audience
- Closest hotel to local University Campus
- Consists of Public Bar, Lounge Bar, Bistro, Gaming Lounge (5 GMEs), Beer Garden with - - Outdoor Deck and Kids Playground
- New 6x6m smoker-friendly air-conditioned Gaming Room (currently under construction) with 6 gaming machines
- 5 Letting Rooms (not utilised) plus fully self-contained 2 bedroom Managers Flat
- Lock up Garage on-site and storage area for private use
- Great classic features including 2 fire places
- Recently refurbished and painted
- Modern kitchen with well-maintained cooking equipment
- Solar electricity
- Family atmosphere perfect for mum and dad operation or someone looking for a tree change
- Rent can be staggered until normal trading resumes

A DIVERSE MIX OF TRADE COMBINED WITH A NEATLY MAINTAINED PREMISES IN A PRIME SUBURBAN LOCATION IN A MAJOR REGIONAL CITY - THIS HOTEL IS A RARE FIND!

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Business Highlights

Business ID2016275985
Floor AreaAsk Business Broker
Category
Last updated  15 Mar 2021
Map for NSW
Map for NSWNSW

Business Highlights

Business ID2016275985
Floor AreaAsk Business Broker
Category
Last updated  15 Mar 2021

Listed by

Leonard Bongiovanni
Manenti Quinlan & Associates
Call
0403 022 021

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