McDonald Hospitality Brokers | Over 40 years experience
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North Eastern Hotel, Benalla VIC - 1P0029
EXCLUSIVE TO MHB
Not to be missed!
Rich in History, this beautifully renovated and stylishly appointed leasehold venue is the absolute complete modern hospitality offering!
Packed with features, the Hotel includes a spacious public bar, relaxing couch areas each with its own authentic fireplace, bistro, dining, large function and/or conference room facilities, lounge, beer garden with vergola-style protection from the weather, footpath trade (STCA) plus ample parking for patrons.
With multiple income streams across food, beverage and accommodation, "The Northo" has the capacity to be a venue of choice far beyond the realms of the traditional Australian pub.
* Excellent 60% (approx.) Buyers Yield
* Outstanding Lease terms with rent at 4.9% of turnover
* Multiple income streams
* Beautiful modern hospitality venue
* 2 stunning authentic fireplaces
* Large function/conference room
* Garden courtyard with vergola-style protection from the weather
* 4 bedroom, 3 bathroom family residence
* 4 motel accommodation units
* Bustling regional city with very limited competition
* Strong revenue growth and profits
Demonstrating year on year growth in revenue and profitability, this is a genuine offering to market showing excellent returns on investment.
Contact Dan McDonald for more information on this outstanding opportunity.
Expressions of Interest - Closing 28th May 2021
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Freehold Going Concern $1,500,000 + SAV
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