, Boggabilla NSW

For Sale

Food/Hospitality

SOLD

617m2

Amenities

On-Site

  • Concierge
  • Disabled Facilities

Local (within 500 metres)

Owned and operated very successfully by the same husband and wife team for 20 years, this famous iconic Hotel is reluctantly offered for sale due to impending retirement.
A proven steady trader over many years, attracting locals and tourists alike with plenty of passing trade, the hotel offers a huge upside for motivated operators looking to add to its income streams.
The building itself is a very solid, well maintained and recently renovated spacious 2 storey concrete structure built on a huge 2023 m2 block with ample room for further development and ample parking for large vehicles. Although the current use is a profitable Hotel, the land would be suited to a variety of other uses.
Upstairs features 7 bedrooms, lounge room, guests bathrooms and wide veranda and is perfectly set up for the new owner to offer overnight or longer term rental accommodation. Downstairs has a bar area, lounge, pool room, keno, patrons toilets and importantly a large kitchen and large dining room ideal if the new operator wants to offer cooked meals to the patrons and guests.
Outbuildings include two extra large high roofed garages, sheds and stables and the property is serviced by a bore which produces excellent quality potable water.
Priced significantly below current valuation, this freehold business is better than money in the Bank.