Victoria Hotel
Victoria Hotel
Leasehold $125,000
SOLD - Victoria Hotel, Tatura VIC - 1P0062
Agent
Ian McDonald
0408217734
Victoria Hotel
Leasehold $125,000
EXCLUSIVE TO MHB
MHB is pleased to be marketing for sale the Leasehold business of the Victoria Hotel, Tatura.
Priced to Sell!
Built approximately 100 years ago, the Victoria Hotel is packed with character and offers many features including a public bar with TAB facilities, popular bistro/dining, function room, outdoor beer garden area and ample parking for patrons.
As an added bonus this country gem has a spacious 5 bedroom family residence plus 6 Hotel style rooms upstairs ready to reinvigorate and add value as accommodation to revenue streams.
Prominently located along a main street in the heart of town the Victoria Hotel is well-presented, popular with locals and travellers alike and demonstrates continued growth and profitability.
Summary:
* Long lease with good terms
* Strong performing Hotel with good annual turnover
* Multiple income streams with bar, food and TAB
* 60% (approx.) buyers yield
* Motivated vendor
* Function room and beer garden
* Large 5 bedroom family residence
An excellent opportunity awaits a keen purchaser. Inspect with confidence.
Contact Ian McDonald at MHB to arrange an inspection.