Description
This hotel (circa 1096) – the oldest & arguably the best in West Wyalong is ready for a good operator to take this hotel to the highest level.
A magnificent 2 story hotel on the Newell Highway on the Southern approach to town with ample parking & street appeal.
Consists of Bar, Lounge, 35 seat dining room (trades 7 days week), commercial kitchen, outside bar, 4 guest rooms downstairs (need work), 11 rooms upstairs fully furbished plus 2 BR managers flat.
A new 30kwh solar system helps lower his electricity bill.
The Lake Cowal gold mining area is advertising for extra workers in the area which bodes well for the West Wyalong hospitality industry.
This hotel lease will suit someone new to the industry or a shrewd person who can see the un-tapped potential of this business.
Present turnover average $75,000 month
4 gaming machines recently installed have increased profitabilty
The owner is local & keen to do business
15 year lease: $25,000 + stock
$1,500 week plus outgoings (bond required)
Exclusive Agents: Neville 0408 694132, Peter 0412 694069
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.
Details
| Price: | $25,000 + stock |
| City: | West Wyalong |
| State: | NSW |
