86 FORREST STREET - PREMIER HOTEL Collie WA 6225
- Hotel / Leisure
- 1,012 m²
- For Sale, $700,000 Inc Stock Freehold and Business
PREMIER HOTEL- HUGE PRICE REDUCTION FREEHOLD & BUSINESS
Owner very motivated and will consider vendor finance.
The Collie community could arguably be described as one of the financial heavy lifting communities of the South West of Western Australia. Major employment in the Collie region are two major open cut coal mines, three electricity power stations and the Worsley bauxite refinery. Other industries in the region are agriculture, timber, and State Government services. There is of course, all the allied industries that support these activities.
The Premier Hotel was established in 1901 and has been servicing the vibrant community of Collie ever since. Located in the towns busy shopping prescient affords this beautiful old hotel a very high profile. The owners of this iconic building have implemented ongoing renovations and as such have provided the Collie community with an attractive and hospitable venue.
The Premier Hotel operates a main bar, renovated sportsman's bar, accommodation facilities and is the home for the TAB facilities in town. The hotel has a full commercial kitchen and outdoor undercover entertainment area.
This is one of those occasions that come along from time to time where you have an opportunity to buy into a freehold hotel business at a very reasonable asking price, thus affording you opportunity to capitalise on the next economic boom that occurs in the region.
If you desire to reside in a vibrant community and live in what is arguably one of the most attractive regions of Western Australia, I suggest that you phone or email me for an information memorandum.
|Floor Area||Ask Agent|
|Land Area||1,012 m²|
|Annual Return||Ask Agent|
|Last updated||15 Apr 2019|