Accommodation & Tourism business for sale in Bacchus Marsh
- Accommodation & Tourism
- Bacchus Marsh VIC 3340
- Leasehold $395,000
Royal Hotel - 1P4935H
CRE Brokers are thrilled to offer the leasehold interest of The Royal Hotel Bacchus Marsh.
A very profitable hotel located in the town centre of Bacchus Marsh only 45 minutes out of Melbourne. Established in 1863 and lovingly restored to its former glory in recent years.
Bacchus Marsh has a population of over 34,000 people and is a popular service centre for people travelling through as well as a tourist mecca for fruit picking bringing in many visitors each weekend.
The Royal Hotel is a beautifully presented two-storey hotel in the Main Street and shopping area. The hotel consists of a main bar, beer garden and café areas offering casual dining and large Al-a-carte style restaurant.
The hotel also has an indoor/outdoor function area with its own bar facilities that trades extremely strongly. The hotel also has a good standard of public accommodation consisting of 13 rooms with shared facilities and has huge potential to grow this side of the business.
The Royal Hotel is an excellent business with long lease and below market rent and with a large growing population there is an endless opportunity to grow this already profitable hotel.
An inspection of this hotel will surely impress!!
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|Last updated||10 Feb 2020|
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