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EXCLUSIVE TO CRE BROKERS
103% Buyers Yield. Incredible Leasehold Value!
Vendors have bought elsewhere and must sell now!
The historic Poachers Paradise Hotel, Rutherglen is one of Victoria's truly outstanding hotels.
Sitting prominently in the main street of a busy tourism centre, all the hard work has been done with recent renovations and improvements to the Hotel.
Featuring an inviting front bar adjoining the TAB, fully equipped commercial kitchen and spacious bistro. An additional semi enclosed dining area spills out into a traditional beer garden with new children`s playground. Patrons can hold private gatherings in the meeting room on the ground floor or in the huge function space upstairs which also has its own bar and stunning verandah with views across the town. In addition there is a 2 bedroom manager`s residence located on the upper floor.
With an excellent buyer's yield of 77.5% with strong trading derived from locals and tourists, the incoming owners can sit back and enjoy the benefits. Lease options until 2043.
Rutherglen has also become quite the hub for hosting Weddings therefore increasing the demand for accommodation, food and function venues.
* Buyers Yield of 103%
* Secure long lease with options to 2043
* Top central main street location in busy tourist town
* Multiple income streams
* Excellent Plant & Equipment
* Only TAB in the district
* Motivated vendor ready to meet the market
This fabulous Hotel presents an excellent business opportunity plus excellent value for money to the potential buyer.
Contact Ian McDonald to arrange an inspection today.