Hotel Freehold Investment, Ungarie C. NSW. Ref. W. 714

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Excellent middle of main street location, and being the only hotel, very popular with the locals. Circa 1940’s 2 story hotel, situated 42 km north west of West Wyalong  on the busy Condobolin road, a major access point to Lake Cowal gold mine, Pace farms (large scale egg producers) and broad acre agriculture. Attractions in the area include Lake Cowal (the largest natural lake in NSW) home to many bird species, Silo art at Weethalle & a 5 metre football in honour of the Daniher brothers. The brick building has been well maintained with a modernized bar, TV room, dining, kitchen downstairs & a potential beer garden out the back. The bar boasts 6 beers on tap, plenty of refrigeration & a cool room. Upstairs is a 3 bedroom manager’s residence complete with kitchen & 8 guest rooms.

The hotel presently opens at 3.00 pm Mon., Tues., Wed., & 12 noon the rest of the week. The existing lessee has been there since 2011.

An excellent opportunity not be missed with the ability to purchase a hotel investment with a secure lease & 2 poker machine entitlements. NB Property is offered only, not business at this price.

Asking: $285,000

Lease term to 14 June 2031

Rental return: $30,030 incl. GST + outgoings

Poker machine entitlements 2

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.

Price:$$285,000
City:Ungarie
State:NSW

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