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Incredible NSW Leasehold Value!
Positioned at the gateway to the Snowy Mountains, this stunning Hotel has undergone a complete transformation in recent years and now offers the rare opportunity to purchase one of the regions most consistently performing businesses.
The Cooma Hotel has many features to offer the buyer including an impressive single bar operation to the main lounge area, well equipped gaming lounge offering 12 strong performing PMES, well patronised bistro with room to seat over 70, state of the art and fully equipped commercial kitchen and tiled and enclosed rear beer garden.
Upstairs you will find a beautifully presented function room with full bar facilities and elevator access, plus office and renovated 2 bedroom manager's residence, whilst adjacent to the Hotel is a high yielding bottle shop and storage area.
* 54% Buyers Yield
* 20 years remaining on current Lease
* Versatile income streams - bar, bistro, functions, bottle shop and 12 PMES
* Fully renovated - not a thing for the incoming owner to do
* Arguably the best inspection in the Snowy Mountains regions
* Limited local competition
* Easy to operate, midnight licence
* Bottle shop with excellent annual turnover
An inspection will not disappoint and astute purchasers will be hard pressed to find a better leasehold opportunity in New South Wales.
Contact Ian McDonald at CRE Brokers to arrange your appointment to inspect all this fantastic business has to offer.