
Description
If you are looking for the elusive hotel in a “one pub town” and an easy drive to a major regional centre, this is it! Our owners have very successfully developed a local bar trade and an accommodation business. We believe there is a coffee shop window opportunity too. Hotel Koorawatha was originally established in 1886 on a nearby creek before relocating to its present location with excellent Olympic Highway frontage.
The bar has a recently installed latest inverter technology (energy saving) for cool rooms and glycol system and adjacent cool room storage for easy access. The bar also serves a dining room and beer garden, keeping conversation friendly and also limiting operation costs.
The large part covered beer garden on the sheltered Eastern side of the building has a guest BBQ and plenty of room for young families, and entertainment.
There are 8 hotel style guest rooms at Hotel Koorawatha with 3 shared bathrooms, and a separate share coffee lounge. Guests have the benefit of a classic first floor veranda as well. The proprietors have a one bedroom residence with refurbished kitchen, a lounge, laundry and amenities, and a large private enclosed yard, and generous sheds.
Koorawatha is located about 20 minutes drive from Cowra and 35 minutes’ drive from Young, and a short drive to the Koorawatha Nature reserve with its water falls and prolific birdlife. The hotel adjoins a community hall which offers free camping areas for caravanners. There is little to spend, and a lot to like about this opportunity.
We strongly recommend an inspection.
Asking: $575,000 + stock freehold.
Ph. Peter 0412 694069, Neville 0408 694132
All information contained in this website has been supplied to us by the vendors for the use of intending purchasers, and has not been verified by this office. Potential purchasers should therefore make their own enquiries, and seek professional advice. Since prices for businesses can vary, the latest information should always be sought.All inspections must be arranged via our office.