Railway Hotel, Grenfell (Freehold or Bonded Lease)
$ 550,000
Sale Method: Open
Status: For Sale
Business: Freehold
Property: Hotel
Listing #: 100204

Great Entry Level Hotel

  • Freehold Vacant Possession
  • Strong Profit Showing 18% R.O.I
  • Single Bar Operation
  • Beautifully appointed Bistro
  • 15 Pub Style Accommodation Rooms

Summary

* The hotel commands a high exposure site.
* Consisting of the public bar, dining room (capacity 50), small function room (14) and beer garden.
* There are 12 lettable accommodation rooms upstairs, plus a self-contained 4 bedroom residence.
* Sale includes separate 556.4m2 block of land.

Location

Grenfell is a town in Weddin Shire in the Central West of New South Wales, Australia.

It is close to Forbes, Cowra and Young. The town is served daily by connecting NSW Trainlink services from Sydney via Bathurst and Lithgow.

Grenfell is approximately 5 hours from Sydney and 2 1/2 hours from Canberra

Great buying at $550,000.00 + S.A.V 

 

- Bonded Lease Available -

10 Years with Option Period Negotiable

$30k Bond

Rent = Year 1 $750 per week

Rent = Year 2 $850 per week

Rent = Year 3 & Onwards $1,000.00 per week

 

 

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Contact Agent

Contact Numbers

Reggie: 0429 623 199
Office: (02) 6362 3199

Facsimile

(02) 6361 4384

Postal Address

16 Victoria Street
Orange NSW 2800