ICONIC BATHURST HOTEL FREEHOLD 'The Victoria'

INVESTMENT HOTEL, PASSIVE INVESTMENT OPPORTUNITY
FULLY LEASED (5x5x5) TO A LOCAL SUCCESSFUL AND AWARD WINNING HOTELIER

The Victoria Hotel is located on the fringe of the Bathurst CBD, in a high visibility and traffic flow location. The property is directly opposite Bathurst Railway Station and adjoins the multi-million dollar refurbished Tremain’s Mill Boutique Retail Precinct and garden.
Geographically Bathurst is located 2.5 hours drive from Sydney and 3.5 hours drive from Canberra. Bathurst is a University town and known for its cultural and tourist attractions. The town is a cultural hub for its 42,000 population and a service centre for 250,000 residents located within a one hour drive.
Bathurst has low unemployment and a very diverse economy, underpinning consistently strong real estate returns.
Topline, The Victoria Hotel offers public and lounge bar, indoor and outdoor dining areas, commercial kitchen, storerooms, cool room, 24 room accommodation, dedicated function / gig room and bar, spacious managers flat, cellar, four-bay shed, beer garden, and off-street parking.

Inclusions:

CELLAR
-Three store rooms
-Ten line glycol beer system.
-Keg ramp for street delivery

GROUND FLOOR
-Public and Lounge Bar
-Two indoor dining / Drinking areas
-Function / Gig Room formally used as a dedicated restaurant
-Separate entrance off Keppel St, Bar, male and female toilets.
-Commercial Kitchen including cool room and food storage areas
-Male and Female bathrooms

BEER GARDEN
-Enclosed Outdoor BBQ area and lock up bar
-Four Bay Shed / Storage
-Off street parking for 10
-Outdoor seating & entertaining spaces

FIRST FLOOR
-One bedroom managers’ flat inclusive of a large lounge, kitchen and bathroom.
-24 Guest rooms with shared male and female toilets and showers

PARKING
-Four bay shed
-On site parking for 10 cars
-Significant street side parking
-Council car park located opposite venue

PROPERTY INFORMATION AVAILABLE
1) Information Memorandum ” The Victoria Bathurst”
2) Contract of Sale
3) Executed lease 5x5x5
4) Floorplans
5) Bathurst Economic Summary Report
6) Yield analysis

Given that this property is fully leased, inspection is by private appointment only.
Contact Mark Sullivan 0429 954 990

Property ID: 1098748