NEW ENGLAND NSW FH2110959
FOR THE SALE OF THE FREEHOLD VACANT POSSESSION GOING CONCERN
New England Hotel
Asking Price $890,000 + SAV
Weekly Sales $24,965 (ex. GST)
No. Bars Single Bar Operation
Meals Breakfast, Lunch and Dinner 6 Days a Week
Accommodation 11 Letting Rooms 8 Modern Motel Rooms

This hotel is located in the New England area of Northern New South Wales. It is a two storey building (built 1879) constructed of brick and timber. The building itself is in very good condition and is located on the Main Street of the township.

The single bar operation is easy to run and services the entire hotel. There is a commercial kitchen on the premises along with a separate dining room which seats 24 patrons. Dining is available throughout the hotel. Meals and snacks are available at the hotel for six days a week over the following times on Mondays to Saturdays inclusive: Breakfast 7:30am to 10:00am Lunch 12:00pm to 2:00pm and Dinner 6:00pm to 8:00pm. The hotel does not trade on Sundays. The dining department of the business is very strong. It is supported by locals and tourists alike.

Accommodation is a popular part of the hotel. There are eleven hotel style letting rooms. Five have ensuites whilst the other six have shared facilities. The rooms are in good condition. Located behind the hotel building are eight modern motel units. These units are in excellent condition and are popular with tourists to the area.

Income of $170.00 per week for attached shop included in sale.

The current owners have owned and operated the hotel business for over 27 years and are now looking forward to retirement.

For more information on this property or to arrange an inspection, please call us today on 0439 691 055.

$890,000 + SAV
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